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Kwami Kwami
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7 years ago
Oak, Inc. received $9,000 as the loan proceeds on a $10,000, 10% note due one year from today. What type of note did Oak, Inc. sign?
A) Equity note.
B) Discounted note.
C) Long-term note.
D) Effective note.
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
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suryoyosuryoyo
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7 years ago
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Kwami Author
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7 years ago
This will help my study group for sure, thanks
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7 years ago
Extremely happy to help
Thumbs up me, please!
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