6. Which accounting principle requires reporting expenses in the same period as the sales they helped to produce? a) Materiality b) Going concern c) Matching d) Cost e) Business entity 7. A promissory note from a customer a) Is a cash equivalent b) is an account receivable c) Is a note receivable d) Is a short-term investment e) Is a note payable 8. The person who signs a note receivable and promises to pay is the a) Maker b) Payee c) Holder d) Receiver e) Owner 9. Interest on $8,400 at 7% for 60 days is I a) $36.45 b) $41.42 c) S52.65 d) $65.25 e) S96.66