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    Financial Accounting Study Set 25
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    Exam 8: Accounting for Receivables
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    The Interest on a $10,000, 8%, 1-Year Note Receivable Is
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The Interest on a $10,000, 8%, 1-Year Note Receivable Is

Question 202

Question 202

Multiple Choice

The interest on a $10,000, 8%, 1-year note receivable is


A) $800.
B) $10,000.
C) $10,080.
D) $10,800.

Correct Answer:

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