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    Accounting Principles
  4. Exam
    Exam 9: Accounting for Receivables
  5. Question
    On February 1 Carson Company Received a $9000 4% Four-Month
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On February 1 Carson Company Received a $9000 4% Four-Month

Question 2

Question 2

Multiple Choice

On February 1 Carson Company received a $9000 4% four-month note receivable. The cash to be received by Carson Company when the note becomes due is


A) $120.
B) $9000.
C) $9120.
D) $9360.

Correct Answer:

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