A company reported the following information: $\begin{array}{ll}
\text { Interest payable, December 31,2014 } &\$ 3,200 \
\text { Interest payable, December 31, 2013 } &10,200 \
\text {Interest expense for 2014} &22,000
\end{array}$ How much cash was paid for interest during 2014?
A)$15,000
B)$29,000
C)$30,200
D)$25,200

Question

A company reported the following information: $\begin{array}{ll}
 \text { Interest payable, December 31,2014 } &\$ 3,200 \
 \text { Interest payable, December 31, 2013 } &10,200 \
 \text {Interest expense for 2014} &22,000
\end{array}$ How much cash was paid for interest during 2014?
A)$15,000
B)$29,000
C)$30,200
D)$25,200

Quizplus · Accepted Answer

The Answer of A company reported the following information: $\begin{array}{ll}
 \text { Interest payable, December 31,2014 } &\$ 3,200 \
 \text { Interest payable, December 31, 2013 } &10,200 \
 \text {Interest expense for 2014} &22,000
\end{array}$ How much cash was paid for interest during 2014?
A)$15,000
B)$29,000
C)$30,200
D)$25,200

A Company Reported the Following Information How Much Cash Was Paid for Interest During 2014? A)$15,000

A Company Reported the Following Information How Much Cash Was Paid for Interest During 2014?
A)$15,000