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gOOvER gOOvER
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6 years ago
Carolina Supply accepted an eight-month, $16,000 note receivable, with 8% interest, from Reading Corporation on August 1, 2013. Carolina Supply's year end is December 31. The amount of interest to be accrued on December 31, 2013 is:
A) $533.
B) $1,280.
C) $853.
D) $320.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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migrodmigrod
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6 years ago
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gOOvER Author
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5 years ago
Incredible answer, really thank you
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3 years ago
thanks
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