Question Completion Status OC accuracy of the data used in the prediction proces

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Question Completion Status OC accuracy of the data used in the prediction process O D. All of the above answers QUESTION 14 1 points Save A company has a fiscal year ending on June 30. On March 31, it borrowed $25,000 and gave a 6-month, 12% note. The company's bune 30 balance sheet should report accrued interest payable of: D A $500 8. $1,500 O $3,000 D. $750 QUESTION 15 1 points A.the most a company can collect from its credit customers. B. the total amount owed by a company's credit customers. C. the least a company will collect from its credit customers. 0 D. the best estimate of what a company expe to collect from its credit customers. 1 points Save Answer QUESTION 16 Save and Submit

Explanation / Answer

14  

25000 * 12% * 3 /12 = 750

3months means march 31st june 30

so answer is D $750

15.. answer is D

D debit estimate of what a company expects to collect from its credit customers

net account receivable means gross account receivable minus allowance for doubtful accounts

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