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Business, 23.12.2019 17:31 josebrown521

On june 5, apex co. issued a $30,000, 8% 120-day note payable to jones co. assume the fiscal year of jones co. ends june 30. what is the amount of interest revenue recognized by jones in the following year? another trick question. if the year ends on june 30, how many days is the note out after june 30th?

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On june 5, apex co. issued a $30,000, 8% 120-day note payable to jones co. assume the fiscal year of...
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