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Which of the following would be classified as other receivables? advances to employees accounts receivable written promise to pay an amount owed trade receivables A

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Which of the following would be classified as "other receivables"? advances to employees accounts receivable written promise to pay an amount owed trade receivables A company has a policy to charge interest at a monthly rate on accounts NOT paid within 30 days of the billing date if antadusting entry was made to accrue $60 interest for one month on a $1,500 outstanding balance, what ANNUAL interest ratewas the company charging? 4.0% 0.33% 48.0% 2.08%

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