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QUESTION

Your company holds a 90 day note receivable of $10,000from a customer. the note is dated oct 3 and has a 12% interest note. your company's year end on dec 31. how much interest revenue do you accrue o

Your company holds a 90 day note receivable of $10,000from a customer. the note is dated oct 3 and has a 12% interest note. your company's year end on dec 31. how much interest revenue do you accrue on december 31.?

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