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What the credit to interest receivable will be

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On June 1, 2017, Kevin Co loaned an employee $10,000 for 9 months. The employee signed a note. The annual interest rate on the note will be 10%. The employee will pay the principal in and interest when it comes due in 2018.

Question 1: When the note comes due in 2018, the credit to interest receivable will be

Reference no: EM132570115

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