If a company reported investment (interest) income of $ 320,000 and interest receivable increased by $ 18,000

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If a company reported investment (interest) income of $ 320,000 and interest receivable increased by $ 18,000 during the year, how much?

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Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I

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Question Posted: Aug 20, 2015 02:28 AM

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If a company reported investment (interest) income of $ 320,000 and interest receivable increased by $ 18,000

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Interest income is the amount of which has been received during the precise period of time The ea...View the full answer

Intermediate Accounting

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