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1.The rate of interest printed on the face of a note payable is called the: Select one: a. Stated rate. O b. Yield rate. c.
1.The rate of interest printed on the face of a note payable is called the: Select one: a. Stated rate. O b. Yield rate. c. Effective rate. d. Market rate. 2. When cash is received from customers in the form of a refundable deposit, the cash account is increased with a corresponding increase in: Select one: a. A current liability. Ob. Shareholders' equity. c. Revenue. O d. Paid-in capital.
2. When cash is received from customers in the form of a refundable deposit, the cash account is increased with a corresponding increase in: Select one: a. A current liability. Ob. Shareholders' equity. c. Revenue. O d. Paid-in capital.
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