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Onjune 1, Highline Invests soco in a 3-month Cerul cate of Deposit (C) that pays...

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Accounting

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Onjune 1, Highline Invests soco in a 3-month Cerul cate of Deposit (C) that pays an annual interest rate of 3.5 percent. The company prepares quarterly financial statements, using the calendar year grine as to make Quarterly ang entry on June 30, by how much wil that quarter's income be understated inter a positive number 132

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