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18. Accrual financial statements for the December 31,2017 year end are being prepared. Referring to the following CNH loan amortization schedule, the amount of interest
18. Accrual financial statements for the December 31,2017 year end are being prepared. Referring to the following CNH loan amortization schedule, the amount of interest payable at December 31,2017 to be recorded is a. $368.97 b. $553.46 c. $416.67 d. $625.00 19. Accrual financial statements for the December 31,2020 year and ... .ng prepared. Referring to the following CNH loan amortization schedula .. recorded is a. $12,480.97 b. $6,973.37 c. $13,112.82 d. $6,803.27 20. Gold Farms followed cash basis accounting during the year and is now determining the adjustments required for the December 31, 2017 year end accrual financial statement. The money for a $6,000 livestock insurance claim for the 2017 year was not received until January 2018 . The journal entry to record this adjustment would include a credit to a. Bank Chequing (Cash) b. Accounts Receivable c. Livestock Inventory d. Livestock Insurance Proceeds (Income) e. Livestock Inventory Change 18. Accrual financial statements for the December 31,2017 year end are being prepared. Referring to the following CNH loan amortization schedule, the amount of interest payable at December 31,2017 to be recorded is a. $368.97 b. $553.46 c. $416.67 d. $625.00 19. Accrual financial statements for the December 31,2020 year and ... .ng prepared. Referring to the following CNH loan amortization schedula .. recorded is a. $12,480.97 b. $6,973.37 c. $13,112.82 d. $6,803.27 20. Gold Farms followed cash basis accounting during the year and is now determining the adjustments required for the December 31, 2017 year end accrual financial statement. The money for a $6,000 livestock insurance claim for the 2017 year was not received until January 2018 . The journal entry to record this adjustment would include a credit to a. Bank Chequing (Cash) b. Accounts Receivable c. Livestock Inventory d. Livestock Insurance Proceeds (Income) e. Livestock Inventory Change
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