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-Refer to California Condos

Question 196

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-Refer to California Condos. The company reported interest receivable of $2,500 at December 31, 2013, and $0 at the beginning of 2013. How much cash did the company collect for interest during the year?
-Refer to California Condos. The company reported interest receivable of $2,500 at December 31, 2013, and $0 at the beginning of 2013. How much cash did the company collect for interest during the year?

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$7,500
$10,000 (Inte...

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