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Author Question: Danio Corp. settles a long-term note payable plus interest by paying $56,000 cash toward the ... (Read 142 times)

future617RT

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on: Feb 19, 2020
Danio Corp. settles a long-term note payable plus interest by paying $56,000 cash toward the principal amount and $6,300 cash for the interest. Under the direct method of reporting interest, the $6,300 would be listed as a(n):
◦ separate disclosure only.
◦ investing activity.
◦ financing activity.
◦ operating activity.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by future617RT on Feb 19, 2020

Dunkey

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Reply #1 on: Feb 19, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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future617RT

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Reply 2 on: Feb 19, 2020
Great answer, keep it coming :)

vickybb89

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Reply 3 on: Yesterday
Wow, this really help

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