Crescent Corporation's interest revenue for 2011 was $13,100. Accrued interest receivable on December 31, 2011, was $2,275 and $1,875 on December 31,2010. The cash received for interest during 2011 was
a. $1,350
b. $10,825
c. $12,700
d. $13,100
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Crescent Corporation's interest revenue for 2011 was $13,100. Accrued interest receivable on December 31, 2011, was $2,275 and $1,875 on December 31,2010. The cash received for interest during 2011 was
a. $1,350
b. $10,825
c. $12,700
d. $13,100
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