document.write( "Question 510987: Co. made an adjusting entry accruing interest for $800 on a note payable for the month of January. The note required 12% per annum on the principal. The principal amount of the note payable must have been \n" ); document.write( "

Algebra.Com's Answer #341966 by rfer(16322) $\"\"$ $\"About$

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0.12/12=0.01
\n" ); document.write( "800/0.01=$80,000 \n" ); document.write( "

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