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This question: 10 point(s) possible At December 31 year-end, Crain Company has an $8.400 noto receivable from a customer, Interest of 10% has accrued for
This question: 10 point(s) possible At December 31 year-end, Crain Company has an $8.400 noto receivable from a customer, Interest of 10% has accrued for 10 months on the note What will Crain's financial statements report for this situation at December 317 OA. The balance sheet will report the note receivable of 58.400. OB. The balance sheet will report the note receivable of $8,400 and interest receivable of $700, OC. Nothing because the business has not received the cash yet. OD. The income statement will report a note receivable of $8,400
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