=+PR 9-6B Sales and notes receivable transactions obj. 6 Special Activities Mirna Gaymer, vice president of operations

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=+PR 9-6B Sales and notes receivable transactions obj. 6 Special Activities Mirna Gaymer, vice president of operations for Rocky Mountain County Bank, has instructed the bank’s computer programmer to use a 365-day year to compute interest on depository accounts (payables). Mirna also instructed the programmer to use a 360-

day year to compute interest on loans (receivables).

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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