Question: I tried both A and B. Neither were correct. Multiple Choice Question 162 Your answer is incorrect. Try again. Pharoah Company lends Bramble Corp. $64800
Multiple Choice Question 162 Your answer is incorrect. Try again. Pharoah Company lends Bramble Corp. $64800 on August 1, 2017, accepting a 9-month, 9% interest note. If Pharoah Company accrued interest at its December 31, 2017 year-end, what entry must it make to record the collection of the note and interest at its maturity date? Cash 69174 Notes Receivable 69174 Cash 69174 Notes Receivable 64800 Interest Revenue 4374 O Notes Receivable 64800 2430 1944 Interest Receivable Interest Revenue Cash 69174 Cash 69174 Notes Receivable Interest Receivable Interest Revenue 64800 2430 1944 LINK TO TEXT Question Attempts: 2 of 3 used
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