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If Interest Revenue for the Period Is $14,000 and the Beginning

Question 77

Multiple Choice

If interest revenue for the period is $14,000 and the beginning and ending interest receivable balances are $1,320 and $5,900,respectively,cash received for interest is:


A) $14,000.
B) $9,420.
C) $18,500.
D) $8,100.

Correct Answer:

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