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18. O n 1/1/17, Able Company accepts a 3-year, $10,000 non-interest-bearing note from Baxter Company...

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Accounting

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18. O n 1/1/17, Able Company accepts a 3-year, $10,000 non-interest-bearing note from Baxter Company in payment of Baxter's open account receivable of $7,938. Able has another note receivable with a stated interest rate of 9%. At 12/31/17, what interest revenue should Able accrue

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