Use the information provided below to calculate the cash paid for interest for the period.
$\begin{array}{|l|l|cc|}
\hline \text {\quad\quad\quad } & \text {Interest payable, beginning-year. } & \text {\$4,200 }\
\hline \text { } & \text {Interest expense. } & \text {26,700 }\
\hline \text { } & \text { Interest payable, year-end } & \text { 3,000}\
\hline\text { } & \text { Cash paid for interest } & \text { }\
\hline
\end{array}$

Question

Use the information provided below to calculate the cash paid for interest for the period.
 $\begin{array}{|l|l|cc|}
 \hline \text {\quad\quad\quad  } & \text {Interest payable, beginning-year.  }  & \text {\$4,200  }\
\hline \text {  } & \text {Interest expense.  } & \text {26,700 }\
\hline \text {  } & \text { Interest payable, year-end } & \text { 3,000}\
 \hline\text {  } & \text { Cash paid for interest } & \text {  }\
\hline 
\end{array}$

Quizplus · Accepted Answer

The Answer of Use the information provided below to calculate the cash paid for interest for the period.
 $\begin{array}{|l|l|cc|}
 \hline \text {\quad\quad\quad  } & \text {Interest payable, beginning-year.  }  & \text {\$4,200  }\
\hline \text {  } & \text {Interest expense.  } & \text {26,700 }\
\hline \text {  } & \text { Interest payable, year-end } & \text { 3,000}\
 \hline\text {  } & \text { Cash paid for interest } & \text {  }\
\hline 
\end{array}$

Use the Information Provided Below to Calculate the Cash Paid