Sarah moved from Florida to Louisiana on June 12,2023. Every three months, $52 of interest...

80.2K

Verified Solution

Question

Accounting

Sarah moved from Florida to Louisiana on June 12,2023. Every three months, $52 of interest income was credited to her savings account on the dates listed below:
March 1,2023.
June 1,2023.
September 1,2023.
December 1,2023.
The savings account was set up through a Louisiana bank. (She set up the account before moving to Louisiana.) How much of her interest income has a Louisiana source?
$52
$104
$156
$208

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students