On June 1, Davis Inc. issued an $67,200, 10%, 120-day note payable to Garcia Company. Assume...

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Posted Date: May 15, 2024 08:05 AM

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On June 1, Davis Inc. issued an $84,000, 5, 120day note payable to Garcia Company Assume that the fiscal year of Garcia ends June 30 Using the 360day year, what is the amount of interest revenue...
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