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How much accrued interest should be reported on the payee's december 31 balance sheet on a $5,000, 8%, 9-month note receivable issued on june 1?
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How much accrued interest should be reported on the payee's december 31 balance sheet on a $5,000, 8%, 9-month note receivable issued on june 1?

User Marquies
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$233.333 that is the accrued interest
User Rahiem
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