Question 32 (3 points) Chillee lent $1500 to an employee whp signed a 3 month note with an interest rate of 8%.At the en
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Question 32 (3 points) Chillee lent $1500 to an employee whp signed a 3 month note with an interest rate of 8%.At the en
Question 32 (3 points) Chillee lent $1500 to an employee whp signed a 3 month note with an interest rate of 8%.At the end of the 3rd month, the employee paid Chillee the amount owed plus interest. Which of the following is a part of the entry made by Chillee? Credit interest Revenue $120. Credit Cash $1,500. Credit Notes Receivable $1,500. Debit Interest Receivable $30