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On August 1, 2016, Botore, Inc., sold equipment and accepted a six-month, 10%, $30,000 note receivable. Botore's year-end is December 31. How much interest revenue
On August 1, 2016, Botore, Inc., sold equipment and accepted a six-month, 10%, $30,000 note receivable. Botore's year-end is December 31. How much interest revenue should Botore accrue on December 31, 2016? A. $3,000 B. $1,250 C. $1,800 D. $1,500
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