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A 60-day, 8% note for $13,200, dated May 1, is received from a customer on account. The maturity value of the note, assuming a
A 60-day, 8% note for $13,200, dated May 1, is received from a customer on account. The maturity value of the note, assuming a 360-day year, is Oa. $13.376 Ob. $176 Oc. $13,200 Od. $14,256
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Fundamental Accounting Principles
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
20th Edition
1259157148, 78110874, 9780077616212, 978-1259157141, 77616219, 978-0078110870
