A 60-day 10 discounted note for 24000 is received from a


Question - A 60-day, 10% discounted note for $24,000 is received from a customer on account on May 1. What are the proceeds from the note on May 1?

$23,600

$400

$24,400

$24,000

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Accounting Basics: A 60-day 10 discounted note for 24000 is received from a
Reference No:- TGS02534092

Now Priced at $25 (50% Discount)

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