On October 1,2019,Westfield Company Sold Machinery to a Customer for $21,000.The

question 60

Multiple Choice

On October 1,2019,Westfield Company sold machinery to a customer for $21,000.The customer could not pay at the time of sale,but agreed to pay 10 months later,and signed a 10-month note at 12% interest.How much interest revenue was earned during 2019? Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar.

• A) $660
• B) $630
• C) $4410
• D) $2100

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Definitions:

Store Information

Store Information involves the collection, storage, and management of data related to the operations, inventory, and customer interactions of a retail or online store.

Analyze Information

The process of examining data in order to extract useful insights or conclusions from it.

Order Status Communication

The process of providing customers with updates about the progress and current status of their orders.

Tracking Number

A unique identifier assigned to a shipment, allowing the sender and recipient to monitor its progress and location.