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On 1/11/10, Carpet Company borrows $60,000 from National Bank on a 3-month, 8% note. The amount of interest to be accrued on 31/12/10 is:
On 1/11/10, Carpet Company borrows $60,000 from National Bank on a 3-month, 8% note. The amount of interest to be accrued on 31/12/10 is:
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
8th Edition
1118484320, 978-1118484326
