Charlie Co

question 45

Multiple Choice

Charlie Co.lends Caroline Green Inc.$10,000 on June 1, 2011, accepting a five-month, 9% interest-bearing note.Assuming the date Charlie's statement of financial position is September 30, 2011, What amounts will Charlie record related to this note?

• A)Charlie Co will not record anything related to the note since it matures on November 1, 2011.
• B)Charlie Co will record interest revenue of $900.
• C)Charlie Co will record interest revenue of $375
• D)Charlie Co will record interest revenue of $300.

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Definitions:

Aggressive Behavior

Actions or attitudes that aim to harm or intimidate another person, stemming from a variety of psychological, environmental, or biological factors.

Television Violence

Depictions of aggressive actions and behaviors on television, which may influence viewers, particularly children, in various ways.

Correlational Studies

Research methods that explore the relationship between two or more variables, without determining a causal effect.

Hostility

An emotion expressed as anger, aggression, or opposition towards others, often stemming from frustration or perceived threats.