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D'Angelo Corp received a 7-month, 9% note for $13,000 from its president on October 1, 2014. The note is due on April 30, 2015. If
D'Angelo Corp received a 7-month, 9% note for $13,000 from its president on October 1, 2014. The note is due on April 30, 2015. If D'Angelo's accounting period ends on December 31, 2014, how much interest revenue from this note should be recognized by The D'Angelo Corp. in 2014 and 2015?
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