Business, 29.05.2021 02:20 ac9878355

On October 1, 2014, Balkan, Inc. accepted from another corporation a 1-year note receivable in the amount of $15,000, with an interest rate of 6%. On December 31, 2014, Balkan accrued the interest income earned to date. How did this accrual affect Balkan's financial statements

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On October 1, 2014, Balkan, Inc. accepted from another corporation a 1-year note receivable in the a...

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