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Sagot :
The total interest expense that should be recorded is $200.
Given that,
- winn co. signs a 60 day note payable for a $15,000 copy machine with an interest rate of 8%.
- Here we assume 360 days in a year.
Based on the above information, the calculation is as follows:
= $15,000 ×8% × 60 ÷ 360
= $200
Therefore we can conclude that the total interest expense that should be recorded is $200.
Learn more: brainly.com/question/2977909
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