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A 90-Day,10% Note for $10,000 Dated April 1 Is Received

Question 95

Multiple Choice

A 90-day,10% note for $10,000 dated April 1 is received from a customer on account.The face value of the note is:

A) $10,000.
B) $11,000.
C) $1,000.
D) $9,000.

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