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can you explain please!!! On September 1, Year 1. Western Company loaned $36,600 cash to Eastern Company. The one-year note carried a 6% rate of
can you explain please!!!
On September 1, Year 1. Western Company loaned $36,600 cash to Eastern Company. The one-year note carried a 6% rate of interest. The amount of interest revenue on the income statement and the amount of cash flow from operating activities shown on Western's December 31, Year 1, financial statements would be: Multuple Choice \$1.464 interest revenue and zero cash flow from operating activities $732 interest revenue and $2196 cash flow from operoung activities 5732 interest revenue ond zero cosh flow from operating octivibes Step by Step Solution
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