Business, 24.07.2020 03:01, emiliapizzillo

On October 1, ABC Company receives a 9% interest-bearing note from Reese Company to settle a $20,000 accounts receivable. The note is due in six months. At December 31, ABC Co. should record interest revenue of

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On October 1, ABC Company receives a 9% interest-bearing note from Reese Company to settle a $20,000...