On march 1 2014 peppers deli loaned 20000 to simms supply


On March 1, 2014, Peppers Deli loaned $20,000 to Simms Supply for one year at 9 percent interest.

What amounts will be reported on Peppers 2014 statement of cash flows? (Enter cash outflows as negative amounts.)

Investing activities outflow:______

What is Peppers interest income for 2015?

What is the total amount of cash that Peppers will collect in 2015 from Simms Supply?

What amounts will be reported on Peppers's 2015 statement of cash flows?

Operating activities inflow?_____

Investing activities inflow?______

What is the total amount of interest Peppers Deli earned from the loan to Simms Supply?

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Financial Accounting: On march 1 2014 peppers deli loaned 20000 to simms supply
Reference No:- TGS01659704

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