The note receivable dishonored in Discussion Question 9 is paid on May 30 by the maker, plus

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The note receivable dishonored in Discussion Question 9 is paid on May 30 by the maker, plus interest for 30 days, 8%. What entry should be made to record the receipt of the payment?

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Financial Accounting

ISBN: 978-1133952428

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Authors: Warren, Reeve, Duchac

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Question Posted: May 07, 2012 05:58 AM

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The note receivable dishonored in Discussion Question 9 is paid on May 30 by the maker, plus

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