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On November 1, 20X8, Forte Company received a $12,000, 3-month, 10% note. How much interest revenue should be reported in 20X8 on this note? a.

On November 1, 20X8, Forte Company received a $12,000, 3-month, 10% note. How much interest revenue should be reported in 20X8 on this note? a. $100. b. $200. c. $300. d. $1,200

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