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A 60 day, 12% note for $10,823, dated May 1, is received from a customer...

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Accounting

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A 60 day, 12% note for $10,823, dated May 1, is received from a customer on account. The maturity value of the note, assuming a 360-day year, is $216 $12,122 $10,823 $11,039

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