Return to Microspace, Inc.s bond investment in the preceding question. For the year ended December 31, 20X3,
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Return to Microspace, Inc.’s bond investment in the preceding question. For the year ended December 31, 20X3, Microspace received cash interest of $4,000. What was the interest revenue that Microspace earned in this period?
a. $3,000
c. $2,880
b. $5,000
d. $2,000
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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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