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    College Accounting Study Set 1
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    Exam 14: Notes Receivable and Notes Payable
  5. Question
    Interest Income Is on a Merchandise Company's Income Statement Under
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Interest Income Is on a Merchandise Company's Income Statement Under

Question 99

Question 99

Multiple Choice

Interest income is on a merchandise company's income statement under the heading:


A) Sales Revenue.
B) Other Income or Interest Income.
C) Unearned Revenue.
D) Notes Receivable.

Correct Answer:

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