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Al December 31 year-end, Crab Corporation has a $9.500 not receivable from a customer. Interest of 12% has accrued for 10 months on the note.

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Al December 31 year-end, Crab Corporation has a $9.500 not receivable from a customer. Interest of 12% has accrued for 10 months on the note. What wil Crab's financial statements report for this situation of December 317 -... Vui NOIULUI O A. The balance sheet will report the note receivable of $9,500. OB. The income statement will report a note receivable of $9,500. O c. The balance sheet will report the note receivable of $9,500 and interest receivable of $950. OD. Nothing because the business has not received the cash yet

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