Accrued Interest Payable Compute the interest accrued on each of the following notes payable owed...
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Accrued Interest Payable Compute the interest accrued on each of the following notes payable owed by Northland, Inc., on December 31: Use 360 days for calculations and round the nearest dollar.
Lender
Date of Note
Principal
Interest Rate
(%)
Term
Maple
11/21
$18,000
11
120 days
Wyman
12/13
14,000
8
90 days
Nahn
12/10
16,000
12
60 days
Lender
Accrued Interest
Maple
$
Wyman
$
Nahn
$
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