The income statement for a firm reports $26,000 of interest revenue, and the comparative balance...
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Accounting
The income statement for a firm reports $26,000 of interest revenue, and the comparative balance sheets show that interest receivable decreased $4,000 for the year. Choose the full reporting for the direct method SCF.
a. O: +22,000; R: +4,000
b. O: +30,000; R: +4,000
c. O: +22,000; R: - 4,000
d. O: +30,000; R: - 4,000
e. O: +30,000
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