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    Financial Accounting Tools Study Set 4
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    Exam 8: Reporting and Analyzing Receivables
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    The Interest on a $15,000, 6%, 90-Day Note Receivable Is
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The Interest on a $15,000, 6%, 90-Day Note Receivable Is

Question 27

Question 27

Multiple Choice

The interest on a $15,000, 6%, 90-day note receivable is


A) $900.
B) $450.
C) $225.
D) $675.

Correct Answer:

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