A written promise to pay a certain sum of money to another party on one or more future dates is known as notes receivable. The holder of the note receives interest on the due amount for the due time period. The amount of Interest revenue earned on various notes receivable.

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Chapter 8, Problem 8.9SE

To determine

Introduction: A written promise to pay a certain sum of money to another party on one or more future dates is known as notes receivable. The holder of the note receives interest on the due amount for the due time period.

The amount of Interest revenue earned on various notes receivable.

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