ACCT.PRINCIPLES (LL)
14th Edition
ISBN: 9781119707110
Author: Weygandt
Publisher: WILEY
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Summit Enterprises signs a $200,000, 6%, 9-month note payable with City
Bank on July 1.
What is the total cash paid at maturity of the note?
A) $209,000
B) $212,000
C) $209,500
D) $206,000
What is the warranty liability at the end of the month?
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