A Company received a $30,000 ,6-month,10%interest-bearing note from a customer.After holding the note for two months,Company sold the note at...

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A Company received a $30,000 ,6-month,10%interest-bearing note from a customer.After holding the note for two months,Company sold the note at the Bank at a 12%discount rate.The amount of cash received by Company was:

    • 10 years ago
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