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    Fundamental Accounting Principles Study Set 7
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    Exam 8: Receivables
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    The Cash to Be Received at Maturity on a $10,000
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The Cash to Be Received at Maturity on a $10,000

Question 95

Question 95

Multiple Choice

The cash to be received at maturity on a $10,000, 8%, 90-day note receivable is:


A) $6,187.26.
B) $5,126.26.
C) $12,297.26.
D) $10,197.26.
E) $197.26.

Correct Answer:

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