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A Six-Month Bill Receivable for $6000 at 11%,dated 1 September

Question 27

Multiple Choice

A six-month bill receivable for $6000 at 11%,dated 1 September 2017,has accrued interest revenue of ________ on 31 December 2017.

A) $220
B) $660
C) $110
D) $330

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