For each of the following notes receivable, compute the amount of interest revenue earned during 2014 Interest Interest Maturity Principal Rate a Note 1 $ 10,000 b Note 2 50,000 Period date 4 60 days Nov 30, 2014 3 months Sept 30, 2014 c Note 3 d Note 4 100,000 4 1 2 year Dec 31, 2014 8 15,000 90 d...

a Note 1 6575 or 10000 004 60 ...

For each of the following notes receivable, compute the amount of interest revenue earned during 2014: Interest

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For each of the following notes receivable, compute the amount of interest revenue earned during 2014:

Interest Interest Maturity Principal Rate a. Note #1 $ 10,000 b. Note #2 50,000 Period date 4% 60 days Nov. 30, 2014 3 m

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Accounting Volume 1

ISBN: 978-0132690096

9th Canadian edition

Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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For each of the following notes receivable, compute the amount of interest revenue earned during 2014: Interest

Question:

Interest Interest Maturity Principal Rate a. Note #1 $ 10,000 b. Note #2 50,000 Period date 4% 60 days Nov. 30, 2014 3 months Sept. 30, 2014 c. Note #3 d. Note #4 100,000 4 1/2 year Dec. 31, 2014 8 15,000 90 days Jan. 15, 2015

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Accounting Volume 1

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