Question: Notes Rec. (10 points) Saved Help Required information (The following information applies to the questions displayed below.] Husemann Co.'s assets include notes receivable from customers.
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Notes Rec. (10 points) Saved Help Required information (The following information applies to the questions displayed below.] Husemann Co.'s assets include notes receivable from customers. During fiscal 2019, the amount of notes receivable averaged $45,800, and the interest rate of the notes averaged 9.2%. a-2. Prepare a horizontal model that accrues the interest revenue earned from the notes. (Use amounts with + for increases and amounts with - for decreases) Balance Sheet Liabilities Assets Stockholders' Equity Net Income mount of notes receivable e amounts with + for increases and Income Statement Stockholders' Equity Net Income Revenues Expenses 9
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