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How much is total interest income to be recorded by fdn

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Question - FDN Trading received the following promissory notes from various customers during 2020 in the course of selling its merchandise: Six-month 12% note for P56,000 90-day 10% note for P31,000 One-year 20% note for P113,000 All these notes were collected at their maturity dates during the year. How much is total interest income to be recorded by FDN Trading during 2020?

Reference no: EM133094256

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