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On August 1, 2018, Avonette, Inc., sold equipment and accepted a six-month, 9%, $50,000 note receivable. Avonette's year-end is December 31. How much interest
On August 1, 2018, Avonette, Inc., sold equipment and accepted a six-month, 9%, $50,000 note receivable. Avonette's year-end is December 31. How much interest revenue should Avonette accrue on December 31, 2018? OA. $4,500 B. $2,425 C. $1,875 OD. $2,250
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