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Calculating Accrued Interest Income on Promissory Notes Receivable Likert Company received a 90 day, six percent note receivable for $10,000 on November 1. How much

Calculating Accrued Interest Income on Promissory Notes Receivable Likert Company received a 90 day, six percent note receivable for $10,000 on November 1. How much interest income should be accrued on December 31? $50 $100 $150 $200

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