Notes Receivable Calculations On August 25, Intercontinental Company received a 90-day, 9 percent note in...
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Accounting
Notes Receivable Calculations
On August 25, Intercontinental Company received a 90-day, 9 percent note in settlement of an account receivable in the amount of $20,000. Determine the maturity date, amount of interest on the note, and maturity value. Round your answers to the nearest cent.
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