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Calculate the amount of interest revenue oberley recognize

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Reference no: EM133108058

Question - Calculate interest revenue on notes receivable - On October 1, 2021, Oberley Corporation loans one of its employees $40,000 and accepts a 12-month, 9% note receivable. Calculate the amount of interest revenue Oberley will recognize in 2021 and 2022.

Reference no: EM133108058

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