Question: pled: Exam 2 Multiple Cholce and Dlsc . . . i Severed On June 1 , Parson Assoclation sold equipment to Arleo and agreed to

pled: Exam 2 Multiple Cholce and Dlsc...
i
Severed
On June 1, Parson Assoclation sold equipment to Arleo and agreed to accept a 3-month, $52,000,15% interest-bearing note in payment at a time when the prevalling rate of Interest for similar transactions was 15%. When the note was collected upon maturity, Parson would recognize interest revenue of:
Multiple Choice
$5,850.
$0.
$1,950.
$3,900.
pled: Exam 2 Multiple Cholce and Dlsc... i Severed On June

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