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    Business
  3. Study Set
    Fundamentals of Financial Accounting Study Set 2
  4. Exam
    Exam 8: Receivables, bad Debt Expense, and Interest Revenue
  5. Question
    When a Company Receives an Interest Payment on a Note,the
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When a Company Receives an Interest Payment on a Note,the

Question 3

Question 3

True/False

When a company receives an interest payment on a note,the entire payment must then be recorded as revenue.

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