The Web site for the Association of American Medical Physicians lists medical specialties

Keith Company paid Major Company for merchandise with a $8,000, 60-day, 9% note dated April 1. If Keith Company pays the note at maturity, what entry should Major make at that time?

Select one: A. Notes payable 8,000 Interest expense 720 Cash 8,720 B. Cash 8,720 Interest income 720 Notes receivable 8,000 C. Notes payable 7,880 Interest expense 120 Cash 8,000 D. Cash 8,120 Interest income 120 Notes receivable 8,000

A recent trend in advertising is to involve media companies at an earlier stage in the campaign design process

Indicate whether the statement is true or false