Ask Question
19 August, 16:13

The interest on a $64,000 note at 5% for three months is

+2
Answers (1)
  1. 19 August, 17:22
    0
    Accounting: Receivables

    1. February 12

    2. $800

    3. 0.70

    4. debit to Accounts Receivable-Daniels & Company for $12,300

    5. decreases net income and decreases assets

    6. credit-to-interest revenue

    7. contra asset, credit

    8. acid-test ratio

    9. credit to the customer's account receivables

    10. $720
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The interest on a $64,000 note at 5% for three months is ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers