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The receivable evidenced by a formal document sometimes called a promissory note, which calls for the repayment of principal at a certain date (maturity
The receivable evidenced by a formal document sometimes called a promissory note, which calls for the repayment of principal at a certain date (maturity date) plus interest is known as a: O note receivable. O prepayment receivable. O income tax refund receivable. O accounts receivable. D Question 8 Interest revenue is normally reported on the income statement as: O part of "other" revenues and expenses. O part of gross profit. O part of operating revenue. O interest revenue is not reported on the income statement. 4 pts
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