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12points Item 6 Item 6 12 points On April 1, 2019, a firm accepted a 6-month, 10 percent note for $2,760 from a customer with

12points

Item 6

Item 6 12 points

On April 1, 2019, a firm accepted a 6-month, 10 percent note for $2,760 from a customer with an overdue balance. The accrued interest recorded for this note for the year ended June 30, 2019, is

Multiple Choice

  • $230.

  • $276.

  • $92.

  • $69.

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