question archive On November 1, Alan Company signed a 120-day,12% note payable, with a face value of $9,900
Subject:AccountingPrice: Bought3
On November 1, Alan Company signed a 120-day,12% note payable, with a face value of $9,900. What is the adjusting entry for the accrued Interest at December 31 on the note? (Use 360 days a year.)