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i want solution of only 10 QUESTION 10 0.5 points Save Answer On June 1,2017, ABC Corp. invested $400,000 into a certificate of deposit for
i want solution of only 10
QUESTION 10 0.5 points Save Answer On June 1,2017, ABC Corp. invested $400,000 into a certificate of deposit for 9- months, earning 6% APR. Principal and interest will be received at maturity. ABC's year end is December 31st. At year end, the appropriate adjusting journal entry was recorded to accrue interest. To record the appropriate journal entry at maturity on March 1, 2018 for receipt of principal plus interest at maturity, ABC Corp. would: Oa. Credit Cash for $418,000 Ob. Credit Interest Revenue for $18,000 OC. Credit Interest Receivable for $14,000 Od. Debit "Investment in CD" for $400,000 King Gec er nation tary and in 2017 hat King ould def ment decided t enting its e from th er, it no blic. By riety wo the cou , QUESTION 11 0.5 points Save Answer USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT (2) QUESTIONS: At December 31,2016, Shamrock, Inc. reported the following information on its balance sheet: Accounts Receivable $850,000 Allowance for Doubtful Accounts 46,750 Click Save and Submit to save and submit. Click Save All Answers to save all answersStep by Step Solution
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