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    Financial Accounting Study Set 25
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    Exam 8: Accounting for Receivables
  5. Question
    The Interest on a $6,000, 6%, 60-Day Note Receivable Is
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The Interest on a $6,000, 6%, 60-Day Note Receivable Is

Question 158

Question 158

Multiple Choice

The interest on a $6,000, 6%, 60-day note receivable is


A) $60.
B) $120.
C) $180.
D) $360.

Correct Answer:

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