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Business, 02.12.2019 18:31 tiearahill2393

On june 8, alton co. issued an $88,500, 7%, 120-day note payable to seller co. assume that the fiscal year of seller co. ends june 30. using a 360-day year in your calculations, what is the amount of interest revenue recognized by seller in the following year? when required, round your answer to the nearest dollar.

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On june 8, alton co. issued an $88,500, 7%, 120-day note payable to seller co. assume that the fisca...
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