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Computing Accrued Interest Compute the interest accrued on each of the following notes receivable held by Southland, Inc., on December 31: (Use 360 days
Computing Accrued Interest Compute the interest accrued on each of the following notes receivable held by Southland, Inc., on December 31: (Use 360 days for interest calculation. Round to the nearest dollar.) Maker Date of Interest Note Principal Rate Maple November 21 $20,000 Wyman December 13 Term 10% 120 days 14,000 9% 90 days Nahn December 24 21,000 6% 60 days Maple: $ Wyman: Nahn: Check
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