Solved: What is the total amount of receivables, Financial Accounting

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What is the total amount of receivables

Response to the following problem:

On march 1, 2013 Peppers Deli Loaned $ 18,000.00 to Simms Supply for one year at 5 % intrest.

A. What is Peppers intrest income for 2013?

B. What is Peppers total amount of receivable at December 31, 2013?

C. What amount will be reported on Peppers 2013 Statement?

D. What is Peppers intrest income for 2014?

E What is the total amount of cash that Peppers will collect in 2014 from Simms Supply?

F. What amount will be reported on Peppers 2014 Statement?

What is the total amount of intrest Peppers Deli will earn from the lon to Simms Supply?

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Financial Accounting: What is the total amount of receivables

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Financial Accounting: What is the total amount of receivables

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