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On October 1, Black Company receives a 6% interest-bearing note from Reese Company to settle a $17,400 account receivable. The note is due in six
On October 1, Black Company receives a 6% interest-bearing note from Reese Company to settle a $17,400 account receivable. The note is due in six months. At December 31, Black should record interest revenue of Oa. $258 Ob. $261 Oc. $268 Od. $271
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Basic Principles Of Accounting A Guide For Toatal Beginners
Authors: Simon Udeh Andrew
1st Edition
979-8861488440
