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Calculating Accrued Interest Income on Promissory Notes Receivable Pickett Company received a 90 day, six percent note receivable for $20,000 on November 1. How much

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Calculating Accrued Interest Income on Promissory Notes Receivable Pickett Company received a 90 day, six percent note receivable for $20,000 on November 1. How much interest income should be accrued on December 31? $100 $200 $300 $400

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