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Is my choice correct? Could I also get an explanation to see if I solved it properly? Thanks! On October 1, 2016, Lee's Electronic sold

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Is my choice correct? Could I also get an explanation to see if I solved it properly? Thanks!

On October 1, 2016, Lee's Electronic sold merchandise in exchange for a 4 month, $90,000 note receivable, with 9% interest. Interest revenue of $2,700 is earned in 2017. O True O False

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