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Business, 11.03.2020 01:32 tynitenaire

Included in Oriole Company's balance sheet at June 30, 2021, is a 10%, $4,100,000 note payable. The note is dated October 1, 2019, and is payable in three equal annual payments of $2,050,000 plus interest. The first interest and principal payment was made on October 1, 2020.
In Oriole's June 30, 2021 balance sheet, what amount should be reported as accrued interest payable for this note?

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Included in Oriole Company's balance sheet at June 30, 2021, is a 10%, $4,100,000 note payable. The...
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