Question
Aj Company loaned $100,000 to Crede Company on November 1, 2011. AJ accepted Crede's 6-month, 12% note. What amount of Interest revenue should AJ recognize
Aj Company loaned $100,000 to Crede Company on November 1, 2011. AJ accepted Crede's 6-month, 12% note. What amount of Interest revenue should AJ recognize as a result of this note recievable?
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Investments Analysis And Management
Authors: Charles P. Jones, Gerald R. Jensen
14th Edition
1119578078, 978-1119578079
