Multiple Choice
If Interest Revenue for the period is $14,000 and the beginning and ending Interest Receivable balances are $1,320 and $5,900, respectively, cash received for interest is:
A) $14,000
B) $9,420
C) $18,500
D) $8,100
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: Which of the following statements regarding cash
Q69: If Sales are $850,000 and the beginning
Q118: When the indirect method is used,if accounts
Q121: Under the indirect method, changes in current
Q122: Given this information, what is the amount
Q124: What was the amount of cash paid
Q125: Given this information, what is the amount
Q127: What is the net cash flows from
Q129: Which of the following statements is NOT
Q191: A company purchases a $300,000 building,paying $200,000