Data relate to notes receivable and interest

Reference no: EM131025560

The following data relate to notes receivable and interest for CGH Cable Co., a cable manufacturer and supplier. (All notes are dated as of the day they are received.)Apr. 10. Received a $144,000, 5%, 60-day note on account.May 15.Received a $270,000, 7%, 120-day note on account.June 9.Received $145,200 on note of April 10.Aug. 22.Received a $150,000, 4%, 45-day note on account. Sept. 12.Received $276,300 on note of May 15.30.Received a $210,000, 8%, 60-day note on account.Oct. 6.Received $150,750 on note of August 22.18.Received a 120,000, 5%, 60-day note on account.Nov. 29.Received $212,800 on note of September 30.Dec. 17.Received $121,000 on note of October 18.

Reference no: EM131025560

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