FINANCIAL ACCOUNTING
9th Edition
ISBN: 9781119620631
Author: Kimmel
Publisher: WILEY
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On January 1, Trump Financial Services lends a corporate client $180,000 at an 8% interest rate. The amount of interest revenue that should be recorded for the quarter ending March 31 equals: a) $14,400 b) $3,600 c) $900 d) $3,200 MCQ
Answer this Accounting problem
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