Ruby Company received a four month, five percent note receivable for ($40,000) on October 1, 2019. How
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Ruby Company received a four month, five percent note receivable for \($40,000\) on October 1, 2019. How much interest income should be accrued on December 31, 2019?
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Related Book For
Financial & Managerial Accounting For Undergraduates
ISBN: 9781618533104
2nd Edition
Authors: Jason Wallace, James Nelson, Karen Christensen, Theodore Hobson, Scott L. Matthews
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