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Business, 08.10.2021 08:50 ira51

On July 1,2021, Empire Incorporated lends $12,000 to customer and receives 9% note due in two years. Interest is due in full on July 1,2023, the day of the year of the note. What is the amount of interest revenue that will be reported on the Empires income statement for the year ended December 31, 2021?

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On July 1,2021, Empire Incorporated lends $12,000 to customer and receives 9% note due in two years....
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