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    College Accounting Study Set 5
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    Exam 17: Accounting for Notes and Interest
  5. Question
    When the Term of a Note Is Specified in Days
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When the Term of a Note Is Specified in Days

Question 81

Question 81

True/False

When the term of a note is specified in days, time is computed using the exact number of days from the date of the note to the date of its maturity.

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