12.9. From the following information, prepare the necessary journal entries. 1. On June 10, received a 30-day,
Question:
12.9. From the following information, prepare the necessary journal entries. 1. On June 10, received a 30-day, 12 percent, $5,000 note dated June 9 from Price Rite in settlement of his account. 2. July 9, received payment from Price Rite on note.
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Related Book For 
Schaums Outline Of Principles Of Accounting I
ISBN: 978-0070381490
5th Edition
Authors: Joel Lerner ,James Cashin
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