Your company holds a 90-day note receivable of $10,000 from a customer. The note is dated October
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Your company holds a 90-day note receivable of $10,000 from a customer. The note is dated October 31 and has a 12% interest rate. Your company's year ends on December 31. How much interest revenue do you accrue on December 31?
Related Book For
Public Finance A Contemporary Application of Theory to Policy
ISBN: 978-1285173955
11th edition
Authors: David N Hyman
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