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Gaston Company lends Simba Industries $40.000 on August 1, 2022. cepting a month interest none Giston prepares its financial statements as of December 31, 2022.

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Gaston Company lends Simba Industries $40.000 on August 1, 2022. cepting a month interest none Giston prepares its financial statements as of December 31, 2022. what adjusting entry must it make? 1,500 Notes Receivable Interest Revenue 1 500 1.500 Accounts Receivable Interest Receivable 1,500 1,500 Interest Recelvable Interest Revenue 1.500 Cash 1,500 Interest Revenue 1,500 3.25 pts Question 26 The interest on a $15,000, 6%, 90-day note receivable is $225. $900. $450. $675

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