Comfort Shoes received a promissory note from a customer on April 1, 2014.The face amount of the note is $2,000; the terms are 12 months and 8% annual interest.How much total interest revenue will Comfort Shoes recognize for the year ended December 31, 2014?

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The Answer of Comfort Shoes received a promissory note from a customer on April 1, 2014.The face amount of the note is $2,000; the terms are 12 months and 8% annual interest.How much total interest revenue will Comfort Shoes recognize for the year ended December 31, 2014?

Comfort Shoes Received a Promissory Note from a Customer on April