IDNLearn.com is your reliable source for expert answers and community insights. Join our community to receive timely and reliable responses to your questions from knowledgeable professionals.
Interest earned and notes receivable collected ___ the bank account
A. are deducted from
B. are both added to and deducted from
C. are not added to or deducted from
D. are added to
i believe it's b, when you're earning interest, it's an added onto an amount based on the time you spent paying something off & a notes receivable is a company paying something off in due time. sorry i'm a little rusty in accounting!
Thank you for being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Find precise solutions at IDNLearn.com. Thank you for trusting us with your queries, and we hope to see you again.
