On August 2, 2014, SLM Company received a $5,500, 90-day, 5% notes from customer Will Carr as

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On August 2, 2014, SLM Company received a $5,500, 90-day, 5% notes from customer Will Carr as payment on his account. Determine the maturity date and prepare the August 2 and maturity date entries, assuming the note are honoured by Carr.
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Fundamental Accounting Principles

ISBN: 978-0071051507

Volume I, 14th Canadian Edition

Authors: Larson Kermit, Tilly Jensen

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