Dekon Companys December 31 year-end unadjusted trial balance shows an $8,000 balance in Notes QS 7-5 Receivable.
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Dekon Company’s December 31 year-end unadjusted trial balance shows an $8,000 balance in Notes QS 7-5 Receivable. This balance is from one 6% note dated December 1, with a period of 45 days. Prepare Note receivable journal entries for December 31 and for the note’s maturity date assuming it is honored. lpo5
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