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On December 31, you have a $15,000 note receivable from a customer, Interest of 5 percent has also accrued for eight months on the note.

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On December 31, you have a $15,000 note receivable from a customer, Interest of 5 percent has also accrued for eight months on the note. What will your financial statements report for this situation? O A. The balance sheet will report the note receivable of $15,000 and interest receivable of $500. O B. The balance sheet will report the note receivable of $15,000 O C. Nothing will be reported because you haven't received the cash yet. O D. The income statement will report a note receivable of $15,000

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