Question: Interest Revenue: is recognized as time goes by. would be used by the person who has a note payable. is recognized only as cash is

Interest Revenue: is recognized as time goes by. would be used

Interest Revenue: is recognized as time goes by. would be used by the person who has a note payable. is recognized only as cash is received. would only be used for notes that are dated in one accounting period and are due the following accounting periods

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