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    Financial Accounting Study Set 28
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    Exam 8: Reporting and Analyzing Receivables
  5. Question
    The Interest on a $7,000, 6%, 60-Day Note Receivable Is
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The Interest on a $7,000, 6%, 60-Day Note Receivable Is

Question 241

Question 241

Multiple Choice

The interest on a $7,000, 6%, 60-day note receivable is


A) $35.
B) $420
C) $210.
D) $70.

Correct Answer:

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