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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
Posted: Sun Jun 05, 2022 8:14 pm
by answerhappygod
- 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 1 (79.32 KiB) Viewed 47 times
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