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    Financial Accounting Tools Study Set 4
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    Exam 8: Reporting and Analyzing Receivables
  5. Question
    The Interest on a $15,000, 6%, 60-Day Note Receivable Is
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The Interest on a $15,000, 6%, 60-Day Note Receivable Is

Question 56

Question 56

Multiple Choice

The interest on a $15,000, 6%, 60-day note receivable is


A) $75.
B) $900
C) $450.
D) $150.

Correct Answer:

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