asked 121k views
5 votes
How much accrued interest should be reported on the payee's december 31 balance sheet on a $5,000, 8%, 9-month note receivable issued on june 1?

asked
User Marquies
by
7.8k points

1 Answer

2 votes
$233.333 that is the accrued interest
answered
User Rahiem
by
8.0k points
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