想要放弃的时候记得跟自己说“只要再坚持一下，再坚持一下，胜利就是属于你的”！正保会计网校为大家整理了USCPA：Financial习题，希望大家利用好这些内容，能够在有限的时间内提高自己成绩。
On Merf's April 30, 1993, balance sheet a note receivable was reported as a noncurrent asset and its accrued interest for eight months was reported as a current asset. Which of the following terms would fit Merf's note receivable?
a. Principal and interest are due December 31, 1993.
b. Both principal and interest amounts are payable on August 31, 1993, and August 31, 1994.
c. Principal is due August 31, 1994, and interest is due August 31, 1993, and August 31, 1994.
d. Both principal and interest amounts are payable on December 31, 1993, and December 31, 1994.
【正确答案】c
【答案解析】
Choice "c" is correct, principal is due August 31, 1994 (more than one year after the balance sheet date of April 30, 1993, on which it was reported as a noncurrent asset), and interest is due August 31, 1993, (since the accrued interest for eight months was reported as a current asset due within one year of the balance sheet date), and interest is due August 31, 1994, for the one year from Sept. 1, 1993, to August 31, 1994.
Choice "b" is incorrect. Noncurrent principal at April 30, 1993 must be due after April 30, 1994.
Choice "a" is incorrect. Noncurrent principal at April 30, 1993 must be due after April 30, 1994, and current interest must be paid before April 30, 1994.
Choice "d" is incorrect. Noncurrent principal at April 30, 1993 must be due after April 30, 1994, and current interest must be paid before April 30, 1994.
相关推荐：
有意向报考的AICPA的考生赶快点击下方图片进行免费预评估>> 了解AICPA报考条件吧！
了解详情30000元/4科
