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ssignment/4664310050/assessment Retum Question 23 (1 point) Hook Co. signed a $12,000, 120-day, 5% interest-bearing note payable at the bank in exchange for cash. Which of
ssignment/4664310050/assessment Retum Question 23 (1 point) Hook Co. signed a $12,000, 120-day, 5% interest-bearing note payable at the bank in exchange for cash. Which of the following jou should Hook Co. use to record the note? a. Cash 12,000 Accounts Payable 12,000 b. Cash 12,132 Interest Expense 132 Notes Payable 12,000 C. Notes Payable 12,000 Cash 12,132 Interest Expense 132 d. Cash 12,000 Notes Payable 12,000 Return to Question 24 (1 point) Video Buster had 562 in extra cash in the petty cash box at the end of the day. The correct procedure is a. Debit Cash Over and Short for 562 b. Credit Cash Over and short for 162 c. Credit Cash for $62 d. Debit Petty Cash for $62 e. Debit Cash for $62 Return to Question 25 po Unearned revenue is another name for salesmente o 21 o
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