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Business, 12.12.2019 04:31 snicklegirlp4isqr

On november 1, jovel company loaned another company $170,000 at a 12.0% interest rate. the note receivable plus interest will not be collected until march 1 of the following year. the company's annual accounting period ends on december 31. the amount of interest revenue that should be reported in the first year is:

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On november 1, jovel company loaned another company $170,000 at a 12.0% interest rate. the note rece...
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