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    Horngrens Accounting Study Set 2
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    Exam 9: Receivables
  5. Question
    When Accruing Interest on Notes Receivable That Are Outstanding at the End
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When Accruing Interest on Notes Receivable That Are Outstanding at the End

Question 30

Question 30

True/False

When accruing interest on notes receivable that are outstanding at the end of the year, it is not necessary to do any proration.

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