# accounting

posted by .

due date and amount of interest due
October 1 for \$10,500 @ 8% for 60 days ?

## Similar Questions

Aging Accounts Receivable: Madariaga Campany's accounts receivable reveal the following balances: current 840,000 1-30 days past due 405,000 31-60 days past due 95,000 61-90 days past due 60,000 91-120 days past due 11,000 The credit …
2. ### Maths

Principal - 6000 Rate - 5% Effective Date - May 15 Maturity Date - November 1 Partial Payment Amount - \$1500 Partial Payment Date -August 15 Also Answer the following questions: 1. NUMBER OF DAYS BETWEEN EFFECTIVE DATE AND PARTIAL …
3. ### Maths

Frosni receieved her credit card statement, which showed she owed \$5850. Interest is charged at 19.5%pa on overdue balances. She paid 15% of this amount by the due date, How much interest is charged if she pays the remainder 20 days …
4. ### Accounting 1

Red Bank Enterprises was involved in the following transactions during the fiscal year ending October 31: 8/2: Borrowed \$75,000 from the Bank of Kingsville by signing a 120-day note. 8/20: Issued a \$40,000 note to Harris Motors for …
5. ### businss math

Caridad borrowed \$15,500 at 11% ordinary interest for 120 days. After 70 days, she made a partial payment of \$3,000. What is the final amount due on the loan?
6. ### wlac

Kit borrowed \$15,500 at 11% ordinary interest for 120 days. After 70 days, she made a partial payment of \$3,000. What is the final amount due on the loan?
7. ### accounting

Is the interest on a note receivables recorded if paid prior to the due date?
8. ### math

Suppose you take out a loan for 180 days in the amount of \$13,500 at 11% ordinary interest. After 50 days, you make a partial payment of \$1,000. What is the final amount due on the loan?