Question
Ayayai Corp. had the following items to report on its balance sheet: Employee advances $ 1520 Amounts owed by customers for the sale of services
Ayayai Corp. had the following items to report on its balance sheet:
Employee advances | $1520 |
Amounts owed by customers for the sale of services (due in 30 days) | 3410 |
Refundable income taxes | 1220 |
Interest receivable | 990 |
Accepted a formal instrument of credit for services (due in 18 months) | 2030 |
A loan to company president | 11900 |
Dishonored a note for principal and interest which will eventually be collected | 1380 |
Based on this information, what amount should appear in the "Other Receivables" category?
$22280
$15630
$17010
$19230
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Financial Accounting A Critical Approach
Authors: John Friedlan
4th edition
1259066525, 978-1259066528
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