Interest Receivable's beginning balance is ($ 18,000), and its ending amount is ($ 14,000). Interest revenue earned

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Interest Receivable's beginning balance is $\$ 18,000$, and its ending amount is $\$ 14,000$. Interest revenue earned during the year is $\$ 43,000$. How much cash interest was received? (pp. 740-742)

a. $\$ 39,000$

b. $\$ 43,000$

c. $\$ 45,000$

d. $\$ 47,000$

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Financial Accounting

ISBN: 9780133118209

2nd Edition

Authors: Charles T. Horngren, Jr. Harrison, Walter T.

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Question Posted: Jun 10, 2024 01:24 AM

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Interest Receivable's beginning balance is ($ 18,000), and its ending amount is ($ 14,000). Interest revenue earned

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Financial Accounting

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