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On October 1, 2021, Oberley Corporation loans one of its employees $28,000 and accepts a 12-month, 9% note receivable. Calculate the amount of Interest revenue
On October 1, 2021, Oberley Corporation loans one of its employees $28,000 and accepts a 12-month, 9% note receivable. Calculate the amount of Interest revenue Oberley will recognize in 2021 and 2022. Internst Yair Revenue 2021 2022
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Acca Financial Reporting
Authors: BPP Learning Media
1st Edition
1509784888, 978-1509784882
