Blackrock company received a 6-month 12 note for 100000

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Blackrock Company received a 6-month, 12% note for $100,000 from its president on November1, 2010. The note is due on April 30, 2011. If Blackrock's accounting period ends on December 31, how much interest revenue should Blackrock recognize during 2010 and 2011?

Reference no: EM13581295

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