The amount due ok the maturity date of a $6000, 60-day 8%, note receivable is: A. $6000 B. $6480 C. $5520 D. $6080 E. $5920

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
ChapterD: Notes Payable And Notes Receivable
Section: Chapter Questions
Problem 2P
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The amount due ok the maturity date of a
$6000, 60-day 8%, note receivable is:
A. $6000
B. $6480
C. $5520
D. $6080
E. $5920
Transcribed Image Text:The amount due ok the maturity date of a $6000, 60-day 8%, note receivable is: A. $6000 B. $6480 C. $5520 D. $6080 E. $5920
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