Gradebook ORION en Assignment able eTextbook OURCES 240 These transaction took p

Question

Gradebook ORION en Assignment able eTextbook OURCES 240 These transaction took place for Sanders Co. 14 2016 art LevelDec. Dec. 31 2017 May 1 Accrued interest revenue on the T. Foley note. Received principal plus interest on the T. Foley note. (No interest has been accrued since December 31, 2016.) are automarically indented when the amount is entered. Do not 2016 Dec. 31 2017 May 1 Privacy Policy 120 000-2017 John Wiley & Sons Ins, All Rights Reserved. A Division of 2ohn Wiley & Sona In

Explanation / Answer

2016 1-May Note receivable $ 15,000 Accounts receivable - T Foley $ 15,000 31-Dec Interest receivable ($15,000*9%*8/12) $        900 Interest income $        900 2017 1-May Cash $ 16,350 Note receivable $ 15,000 Interest receivable ($15,000*9%*8/12) $        900 Interest income ($15,000*9%*4/12) $        450

Related Questions

Navigate

• Browse (All)
• Browse G
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.