k esc Canvas $475,000. $345,000 O $455,000. O $345,000. O $400,000. Question 2 O Cash 12,480 On October 1, 2022, a company lends cash and accepts a $12,000 note receivable that offers 8% interest and is receivable in six months. What would the company record on April 1, 2023, when it receives the correct amount from the borrower?

Answer rating: 100% (QA)

The company would record a cash receipt of 12480 on April 1 2023 Heres the b... View the full answer