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Required information [The following information applies to the questions displayed below.) Husemann Co.'s assets include notes receivable from customers. During fiscal 2019, the amount of

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Required information [The following information applies to the questions displayed below.) Husemann Co.'s assets include notes receivable from customers. During fiscal 2019, the amount of notes receivable averaged $45,500, and the interest rate of the notes averaged 8.2% a-2. Prepare a horizontal model that accrues the interest revenue earned from the notes. (Use amounts with + for increases and amounts with for decreases) Answi Assets Balance Sheet Liabilities Interest receivable Stockholders' Equity Net Depreciation expense Use amounts with + for increases and Answer is not complete. Income Statement Stockholders Equity Net Income Revenues Interest revenue Expenses Interest complete. Income Statement Revenues Expenses Interest revenue Interest revenue del that accrues the interest revenue earned from the notes. (Use amounts with + 5) Balance Sheet Liabilities Depreciation expense + Stockholders' Ec Cash Depreciation expense Interest receivable Interest revenue Note receivable

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