A six-month bill receivable for $6000 at 11%,dated 1 September 2017,has accrued interest revenue of ________ on 31 December 2017.
A) $220
B) $660
C) $110
D) $330
Correct Answer:
Verified
Q75: On 1 October 2016,Ealys Jewellers accepted a
Q76: On 1 December 2016,Parsons Ltd sold machinery
Q77: The maturity value of a bill is
Q78: On 1 December 2016,Parsons Ltd sold machinery
Q79: Which of the following exists if the
Q81: The accounts receivable turnover ratio measures:
A)how many
Q83: The acid-test ratio is calculated as current
Q84: What is the acid-test ratio for
Q85: An acid-test ratio of at least 1.0
Q217: The acid-test ratio is also known as
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents