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Business, 27.11.2020 22:20 shauna94

At December 31 year-end Connor Company has a $9,500 note from a customer. Interest of 12% has accrued for 8 months on the note. What will Connor's income statement for the year ended December 31, report for this situation? a. Nothing because the company has not received the cash yet. b. Interest Revenue of $760 c. Note Receivable of $9,500 d. Both B and C

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At December 31 year-end Connor Company has a $9,500 note from a customer. Interest of 12% has accrue...
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