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! Required information [The following information applies to the questions displayed below.] Husemann Co.'s assets include notes receivable from customers. During fiscal 2019, the
! Required information [The following information applies to the questions displayed below.] Husemann Co.'s assets include notes receivable from customers. During fiscal 2019, the amount of notes receivable averaged $45,600, and the interest rate of the notes averaged 8.1%. a-2. Prepare a horizontal model that accrues the interest revenue earned from the notes. (Use amounts with + for increases and amounts with for decreases) - Assets Interest receivable 3,694 Balance Sheet Liabilities + Stockholders' Equity Net Income = Revenu Interest receivable
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