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    2 views1 page

    Financial Accounting 0040

    Uploaded by

    Lay

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Jan. 1, 2020 Loan Receivable 4,000,000.

    00
    Cash 4,000,000.00
    Cash 342,100.00
    Unearned Interest income 342,100.00
    Unearned Interest income 150,000.00
    Cash 150,000.00
    Dec. 31, 2020 Cash 400,000.00
    Unearned Interest income 56,948.00
    Interest income 456,948.00
    Dec. 31, 2021 Cash 400,000.00
    Unearned Interest income 63,781.76
    Interest income 463,781.76
    Dec. 31, 2022 Cash 400,000.00
    Unearned Interest income 71,370.24
    Interest income 471,370.24
    Cash 4,000,000.00
    Loan Receivable 4,000,000.00

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