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The Following Balances Have Been Excerpted from Edwards' Balance Sheets

Question 20

Multiple Choice

The following balances have been excerpted from Edwards' balance sheets:
The following balances have been excerpted from Edwards' balance sheets: Edwards Company paid or collected during 2011 the following items: The interest revenue on the income statement for 2011 was A) $90,500. B) $112,700. C) $117,500. D) $156,500.
Edwards Company paid or collected during 2011 the following items:
The following balances have been excerpted from Edwards' balance sheets: Edwards Company paid or collected during 2011 the following items: The interest revenue on the income statement for 2011 was A) $90,500. B) $112,700. C) $117,500. D) $156,500.
The interest revenue on the income statement for 2011 was


A) $90,500.
B) $112,700.
C) $117,500.
D) $156,500.

Correct Answer:

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