Generic Company has a December 31st year-end. On August 1st, Generic sold merchandise to a...
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Generic Company has a December st yearend. On August st Generic sold merchandise to a customer and agreed to accept a month, $ interestbearing note in payment. On August st the prevailing rate of interest for similar transactions was What is the amount of interest revenue Generic will recognize when the note is collected upon maturity? 
Generic Company has a December st yearend. On August st Generic sold merchandise to a customer and agreed to accept a month, $ interestbearing note in payment. On August st the prevailing rate of interest for similar transactions was What is the amount of interest revenue Generic will recognize when the note is collected upon maturity?
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