Accounting need ASAP

Hire our professional essay experts at Gradehunters.net who are available online 24/7 for an essay paper written to a high standard at an affordable cost.


Order a Similar Paper Order a Different Paper

On October 1, 2016, Tankard Company borrowed $45,000 from the bank by issuing a one year 8% interest bearing note.a) Prepare the journal entry to record the issuance of the note.b) Compute the amount of interest expense that will be shown on the 2016 income statement.c) What is the total amount of cash that will be paid to the bank at the maturity of the note on October 1, 2017?d) Prepare the liabilities section of the balance sheet at December 31, 2016. 

"Is this question part of your assignment? We can help"

ORDER NOW
Writerbay.net

Everyone needs a little help with academic work from time to time. Hire the best essay writing professionals working for us today!

Get a 15% discount for your first order


Order a Similar Paper Order a Different Paper