Solved

On June 30, Rose Company Accepted a 90-Day, $12,000 Non-Interest-Bearing

Question 5

Multiple Choice

On June 30, Rose Company accepted a 90-day, $12,000 non-interest-bearing note from C Manufacturer. The maturity value of the note for Rose is:

A) $11,500
B) $11,800
C) $11,900
D) $11,950
E) None of these

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