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At December 31 year-end, Crain Corporation has an S8400 note receivable from a customer. Interest of 10% has accrued for 10 months on the note

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At December 31 year-end, Crain Corporation has an S8400 note receivable from a customer. Interest of 10% has accrued for 10 months on the note What will Crain's financial statements report for this situation at December 31? O A. The balance sheet will report the note receivable of $8,400 O B. The balance sheet will report the note receivable of $8,400 and interest receivable of $700 C. Nothing because the business has not received the cash yet. O D. The income statement will report a note receivable of $8,400

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