Suppose that Ulta Corporation issued a one-year 10%$324000 note on April 30, 2025. Assuming that...
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Accounting
Suppose that Ulta Corporation issued a one-year 10%$324000 note on April 30, 2025. Assuming that the company only accrues interest at year-end, the interest expense to be recorded at December 31, 2025 is: $21600. $21870. $29160. $32400
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