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On May 1, Marigold Building Company loaned Blossom Company $12000. Blossom Company signed a 12%, 24-month note. Use the following tabular analysis to determine

On May 1, Marigold Building Company loaned Blossom Company $12000. Blossom Company signed a 12%, 24-month note. Use the following tabular analysis to determine what amounts would be reported in Marigold Company's December 31 financial statements with regard to the note: Assets = Liabilities Stockholders' Equity Notes Interest Receivable + Revenue = Unearned Common Revenue + Stock - Interest Expense - Div.

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