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  3. Study Set
    College Accounting A Career Approach
  4. Exam
    Exam 16: Notes Receivablenotes Payable
  5. Question
    The Discount Period of a Note Consists of the Interval
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The Discount Period of a Note Consists of the Interval

Question 1

Question 1

True/False

The discount period of a note consists of the interval between the date the note is given to the bank and the maturity date of the note.​

Correct Answer:

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