Use the Information Provided to Calculate the Missing Cash Received

question 128

Essay

Use the information provided to calculate the missing cash received for interest for the period.
$\begin{array}{|l|c|}\hline\text { Interest receivable, beginning-year.. }&800\\\hline \text { Interest revenue } & 12,600 \\\hline \text { Interest receivable, year-end........... } & 1,200 \\\hline\text { Cash received for interest. }\\\hline\end{array}$

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Definitions:

Glycosides

Compounds formed from a sugar and another compound by replacement of a hydroxyl group in the sugar by another group.

Methyl Glycoside

Glycosides formed by the reaction of a sugar with methanol, where the glycosidic bond is between the sugar and the methyl group.

Galactose

A simple sugar (monosaccharide) that is a constituent of lactose, found in milk.

Haworth Structure

A way to represent cyclic sugars (monosaccharides) in a three-dimensional perspective formula that emphasizes the cyclic structure.