Question
If Interest Revenue for the period is $17,200 and the beginning and ending Interest Receivable balances are $2,920 and $7,500, respectively, cash received for interest
If Interest Revenue for the period is $17,200 and the beginning and ending Interest Receivable balances are $2,920 and $7,500, respectively, cash received for interest is:
Im not sure which formula to use for this one.
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Managerial Accounting
Authors: Ray Garrison, Theresa Libby, Alan Webb
10th Canadian edition
978-1259024900
