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    Fundamental Accounting Principles Study Set 1
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    Exam 9: Accounting for Receivables
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    Calculate the Amount of Interest That Would Be Owed on a $18,000
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Calculate the Amount of Interest That Would Be Owed on a $18,000

Question 77

Question 77

Short Answer

Calculate the amount of interest that would be owed on a $18,000, 60-day, 8% note receivable at maturity.

Correct Answer:

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$18,000 * ...

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