I have used up a tutor question with no response from either the tutor (who could not answer it because they didn't understand the question because i...

Course hero team never responded to any of my questions regarding why asking a math question itself is considered cheating.

This is a practice question that is not being submitted as homework...........

I bought a notes payable for 5k at 15% with the market rate being 10% for a period of 3 years. After recording the acquisition of the note 1/1/2011, and paying the interest on the note annually on 12 /31, what is the adjusting entry for the third year(12/31/13). HOW did they get the answer of Equipment cost 5622 and Interest Expense of 523.

I do not need help with definitions, I can look those up. I need help with the accounting math procedure on how they arrived at this answer. Will that be considered cheating?