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What is the interest revenue on the income statement

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Reference no: EM132625202

Problem 1: Sky Company collected P12,350 in interest during 2009. Sky showed P1,850 in interest receivable on its December 31, 2009, balance sheet and P5,300 on December 31, 2008. What is the interest revenue on the income statement for 2009?

Reference no: EM132625202

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