Whitehurst Creek Shop reported interest revenue of $9,500 and its Interest Receivable account decreased $1,200 during the same period.Interest received for the period amounted to:

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The interest revenue recognized during the period is $9,500. As the Interest Receivable account decreased, it means that the company received $1,200 in interest payments during the period. Therefore, the total interest received for the period would be $9,500 + $1,200 = $10,700.

Whitehurst Creek Shop Reported Interest Revenue of $9,500 and Its