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    Financial Accounting Study Set 1
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    Exam 8: Receivables,Bad Debt Expense,and Interest Revenue
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    Maple Broadcasting Co
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Maple Broadcasting Co

Question 80

Question 80

Multiple Choice

Maple Broadcasting Co.lends $20,000 to an employee who signs a 9%,6-month promissory note.What is the total amount of interest on this note?


A) $1,800
B) $900
C) $20,900
D) $5,400

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