(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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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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