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Nate Recsivable in the trial balance for March you see that Notes Recena-Fast Feet Co has a negative balance of $105,which would seem to indicate

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Nate Recsivable in the trial balance for March you see that Notes Recena-Fast Feet Co has a negative balance of $105,which would seem to indicate that Fast Feet paid too mach Looking back through the ournal entries for March you tno nat on March 19 ne accontng ntem recorded receipt of $2.730 n piment otte note rece ab. Frhe metbgation reveal "at oe November 19, 20YI his noto tecewati at re med toe Fat Feet Co for $2.625 You can find no adational infiormation aboul thie note in the accounting e Assune a 360 day year Uang the preceding nformaton compute the erm and the inferest rate of the ote recevable from ent Tere of te note Cays

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