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Business, 30.11.2019 02:31 clydeben4543

Riley company borrowed $18,000 on april 1, year 1 from the titan bank. the note issued by riley carried a one year term and a 6% annual interest rate. riley earned cash revenue of $840 in year 1 and $600 in year 2. assume no other transactions. the amount of net income on the year 2 income statement would be:

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Riley company borrowed $18,000 on april 1, year 1 from the titan bank. the note issued by riley carr...
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