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Caspian Services has a May 31 fiscal year-end. Read the requirements. More info Mar 1 May 6 Loaned $14,000 cash to Brody Shyne on a
Caspian Services has a May 31 fiscal year-end. Read the requirements. More info Mar 1 May 6 Loaned $14,000 cash to Brody Shyne on a one-year, 6% note. Performed service for King Properties, receiving a 90-day, 7% note for $10,000. May 16 Received a $5,000, six-month, 12% note on account from Veron May 31 Company. Accrued interest revenue for the year. Print Done Ons. Round intermediary calculations and your final answer to the nearest whole dollar.) - May 31 Accrued interest revenue for the year. Accrue interest revenue on all of the notes in one entry. (Use a 365-day year for ALL interest computations. Rou Journal Entry Date Accounts May 31 Interest Receivable Interest Revenue Debit Credit Requirement 2. How much interest revenue did Caspian earn this year? This year Caspian Services earned interest revenue of
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