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On October 1, Black Company receives a 6% interest-bearing note from Reese Company to settle a $20,200 account receivable. The note is due in

On October 1, Black Company receives a 6% interest-bearing note from Reese Company to settle a $20,200 account receivable. The note is due in 6 months. On December 31, Black should record interest revenue of Oa. $300 Ob. $313 c. $303 Od. $310

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