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    Business
  3. Study Set
    College Accounting Study Set 2
  4. Exam
    Exam 14: Notes Receivable and Notes Payable
  5. Question
    A $4,800, 10% Note Dated June 2 for 90 Days
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A $4,800, 10% Note Dated June 2 for 90 Days

Question 82

Question 82

True/False

A $4,800, 10% note dated June 2 for 90 days was discounted on August 19 at 13%. The number of days in the discount period is 15 days.

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