The Following Balances Have Been Excerpted from Edwards' Balance Sheets

question 20

Multiple Choice

The following balances have been excerpted from Edwards' balance sheets:

Edwards Company paid or collected during 2011 the following items:

The interest revenue on the income statement for 2011 was

• A) $90,500.
• B) $112,700.
• C) $117,500.
• D) $156,500.

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