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On January 1, Portillo, Inc. lends a corporate customer $162,000 at 4% interest. The amount of interest revenue that should be recorded for the quarter
On January 1, Portillo, Inc. lends a corporate customer $162,000 at 4% interest. The amount of interest revenue that should be recorded for the quarter ending March 31 equals: Multiple Choice $2,160 $540 $1620 $6,480
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
IFRS Edition
978-1118443965, 1118800532, 9781118800539, 978-0470873991
