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What will be the interest revenue recorded by Nelson Inc. on March 2013? On April 1, 2012, Nelson Inc. accepts a $100,000, 8% note. The note receivable and interest are receivable on March 31, 2013.

This question is part of Financial Accounting Exam II, Chapters 5 & 6
Asked by Stephens, Last updated: Mar 09, 2020

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stephens

Stephens

Answered Oct 31, 2018

$2000
 

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