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Author Question: If a company has Other receivables on its balance sheet it most likely will show ________ on its ... (Read 130 times)

Mr. Wonderful

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If a company has Other receivables on its balance sheet it most likely will show ________ on its income statement.
 
  A) Interest revenue
  B) Interest expense
  C) Interest receivable
  D) Interest payable

Question 2

If the seller is to pay the freight costs of delivering merchandise, the delivery terms are stated as
 a. FOB shipping point
  b. FOB destination
  c. FOB n/30
  d. FOB seller



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beccamahon

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Answer to Question 1

A

Answer to Question 2

b





 

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