(Learning Objective 4: Recording notes receivable and accruing interest revenue) Record the following note receivable transactions in...
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(Learning Objective 4: Recording notes receivable and accruing interest revenue)
Record the following note receivable transactions in the journal of Celtic Realty. How much interest revenue did Celtic earn this year? Use a 365-day year for interest computations, and round interest amounts to the nearest dollar.
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Related Book For
Financial Accounting International Financial Reporting Standards
ISBN: 9780273777809
1st Global Edition
Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy
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