Question: Question 7 : On October 1 , 2 0 2 4 , Green Corporation loans one of its employees $ 2 0 , 0 0

Question 7:
On October 1,2024, Green Corporation loans one of its employees $20,000 and accepts a 12-month, 8% note receivable.
Calculate the amount of interest revenue Green will recognize in 2024 and 2025.
\table[[Year,\table[[Interest],[Revenue]]],[2024,],[2025,]]
Question 7: On October 1,2024, Green Corporation loans one of its

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