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42. On September 1, 2017 Jackson Radiology signed a 10-month note receivable of $1 5,000 with interest at 8%. Jackson properly accrued interest on the

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42. On September 1, 2017 Jackson Radiology signed a 10-month note receivable of $1 5,000 with interest at 8%. Jackson properly accrued interest on the note on December 31, 2017. that Jackson will record upon the collection of the note principal and interest on July 1,2018 will be: The amount of interest revenue A. $600. B. $400. C. $720. D. $1,000. E. $1,200

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