Question: Really cant figure these out keep getting different answers. Would appreciate an explanation! thanks On July 1. 2019, Donald Corp, lends cash and accepts an

Really cant figure these out keep getting different answers. Would appreciate an explanation! thanks

explanation! thanks On July 1. 2019, Donald Corp, lends cash and accepts

On July 1. 2019, Donald Corp, lends cash and accepts an 8 -month $1,000 note recelvable at 12% interest. How much interest will Donald Corp. report during 2019 ? Multiple Choice $60 $30 $20 $40 On July 1, 2019, Donaid Corp. lends cash and accepts an 8 -month $1,000 note receivable at 12% interest. How much interest will Donald Corp. report during 2020? Multiple Gholce $30 $20 $40 $60

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