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    Financial Accounting Tools Study Set 2
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    Exam 8: Reporting and Analyzing Receivables
  5. Question
    Interest Accrued on a Note Receivable Is
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Interest Accrued on a Note Receivable Is

Question 41

Question 41

Multiple Choice

Interest accrued on a note receivable is


A) credited to Notes Receivable.
B) debited to Interest Revenue.
C) credited to Interest Receivable.
D) debited to Interest Receivable.

Correct Answer:

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