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More info Mar 1 Loaned $14,000 cash to Brody Shyne on a one-year, 6% note. May 6 Performed service for King Properties, receiving a 90-day,
More info Mar 1 Loaned $14,000 cash to Brody Shyne on a one-year, 6% note. May 6 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 Company. May 31 Accrued interest revenue for the year. Print Done - X 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 computation Journal Entry Date Accounts A Debit Credit May 31 Interest Receivable Interest Revenue Requirement 2. How much interest revenue did Caspian earn this year? This year Caspian Services earned interest revenue of
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