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On December 1, 2019, a company accepted a ninety-day, 6% note of OMR 40,000 from a customer on account. How much is the amount of
On December 1, 2019, a company accepted a ninety-day, 6% note of OMR 40,000 from a customer on account. How much is the amount of interest income from the note to be recognized for the year 2020? Consider 365 days in a year. a. OMR 387.945 b. OMR 197.260 C. OMR 393.443 d. OMR 591.781
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