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P Flag question PT. Blower issued a $ 6,000, 5-month, 10% note as a consequence of non-payment of its trade payables to PT. Rubber when
P Flag question PT. Blower issued a $ 6,000, 5-month, 10% note as a consequence of non-payment of its trade payables to PT. Rubber when it matures. Note dated October 1, 2020. If PT. Rubber prepares financial reports on December 31, 2020, the journal made by PT. Rubber on March 1, 2021 when the notes matures and the notes are honored notes are ... Select one:
a. (Dr) Cash $ 6,600, (Cr) Notes Receivable $ 6,000, (Cr) Interest Receivable $ 360, (Cr) Interest Revenue $ 240
b. (Dr) Cash $ 6,250, (Cr) Notes Receivable $ 6,000, (Cr) Interest Revenue $ 250
c. (Dr) Cash $ 6,600, (Cr) Notes Receivable $ 6,000, (Cr) Interest Receivable $ 600
d. (Dr) Cash $ 6,250, (Cr) Notes Receivable $ 6,000, (Cr) Interest Receivable $ 150, (Cr) Interest Revenue $ 100
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The Life Audit A Step By Step Guide To Taking Stock Gaining Control And Creating The Life You Want Now
Authors: Caroline Righton
1st Edition
0767923294, 978-0767923293
