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Brief Exercise 7-13 Note receivable [LO7-7 On December 1, 2018, Davenport Company sold merchandise to a customer for $39,000, in payment for the merchandise, the

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Brief Exercise 7-13 Note receivable [LO7-7 On December 1, 2018, Davenport Company sold merchandise to a customer for $39,000, in payment for the merchandise, the customer signed a 8% note requiring the payment of interest and principal on March 1, 2019. How much interest revenue will the company recognize during 2018 and 2019? 2018 2019 Interest revenue

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