Harper Company lends Hewell Company $40,000 on March 1, accepting a four-month, 6% interest note. Harper Company prepares financial statements on March 31. What adjusting entry Harper should make before the financial statements can be prepared?
A) Cash 200Interest Revenue 200
B) Interest Receivable 800Interest Revenue 800
C) Interest Receivable 200Interest Revenue 200
D) Note Receivable 40,000Cash 40,000
C
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According to Figure 4.2, the tariff's terms-of-trade effect equals
a. $300. b. $400. c. $500. d. $600.
A favorable flexible budget variance in sales revenue suggests a(n) ________.
A) increase in sales price per unit B) increase in volume C) decrease in variable cost per unit D) decrease in fixed costs
When individual creativity and independent thinking are lost to group cohesiveness, the condition is known as ____________________.
Fill in the blank(s) with the appropriate word(s).
Given a new brand of barbecue sauce for which to develop a marketing strategy, describe how you would conduct environmental scanning and analysis.
What will be an ideal response?