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    Accounting Principles Study Set 3
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    Exam 9: Accounting for Receivables
  5. Question
    The Interest on a $2,000, 6%, 90-Day Note Receivable Is
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The Interest on a $2,000, 6%, 90-Day Note Receivable Is

Question 157

Question 157

Multiple Choice

The interest on a $2,000, 6%, 90-day note receivable is


A) $120.
B) $60.
C) $30.
D) $90.

Correct Answer:

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