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  3. Study Set
    Financial Accounting Information Study Set 1
  4. Exam
    Exam 7: Reporting and Analyzing Receivables
  5. Question
    If a Customer Owes Interest on Accounts Receivable,the Interest Revenue
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If a Customer Owes Interest on Accounts Receivable,the Interest Revenue

Question 79

Question 79

True/False

If a customer owes interest on accounts receivable,the Interest Revenue account is debited and Accounts Receivable is credited.

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