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Tadich Corp. received a 2-month, 6% note receivable for $24,000 on April 5, Upon maturity, Tadich Corp. received the correct balance owed on the note
Tadich Corp. received a 2-month, 6% note receivable for $24,000 on April 5, Upon maturity, Tadich Corp. received the correct balance owed on the note receivable. Choose all of the correct answers. Tadich Corp. should record a total receivables due of $25,440 on April 5 Tadich Corp. will credit Interest Income for $240 O If the note is paid off at maturity, Tadich Corp. should receive a total of $24.240 The maturity value of this note is $24,000 Its total assets will increase
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