Use the following information for questions.
On October 1, 2018, Mekhi's Golf Service Limited borrows $80,000 from Rigor Bank by signing a 3-month, $80,000, 4% bank loan. Interest is due the first of each month.
-What adjusting entry is required at December 31, 2018?
D) Solution: $ (\$ 80,000 \times 04 / 12=\$ 267 $

Question

Use the following information for questions.
On October 1, 2018, Mekhi's Golf Service Limited borrows $80,000 from Rigor Bank by signing a 3-month, $80,000, 4% bank loan. Interest is due the first of each month.
-What adjusting entry is required at December 31, 2018? 
D) Solution: $ (\$ 80,000 \times 04 / 12=\$ 267 $

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The Answer of Use the following information for questions.
On October 1, 2018, Mekhi's Golf Service Limited borrows $80,000 from Rigor Bank by signing a 3-month, $80,000, 4% bank loan. Interest is due the first of each month.
-What adjusting entry is required at December 31, 2018? 
D) Solution: $ (\$ 80,000 \times 04 / 12=\$ 267 $

Use the Following Information for Questions ($80,000×04/12=$267 (\$ 80,000 \times 04 / 12=\$ 267 ($80,000×04/12=$267

Use the Following Information for Questions $(\$ 80,000 \times 04 / 12=\$ 267$