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On April 1, 2019, a firm accepted a 6-month, 10 percent note for $2,580 from a customer with an overdue balance. The accrued interest recorded

On April 1, 2019, a firm accepted a 6-month, 10 percent note for $2,580 from a customer with an overdue balance. The accrued interest recorded for this note for the year ended June 30, 2019, is

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