Prepare entries in journal form (assuming reversing entries were not made) to record the following: E-14 Dec.

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Prepare entries in journal form (assuming reversing entries were not made) to record the following: E-14 Dec. 1 Received a 90-day, 12 percent note for $10,000 from a customer for a sale of merchandise.

31 Made end-of-year adjustment for interest income. Mar. 1 Received payment in full for note and interest.

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Financial Accounting

ISBN: 9780618310746

8th Edition

Authors: Belverd E. Needles Jr,, Marian Powers

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Question Posted: Jun 12, 2024 10:09 AM

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Prepare entries in journal form (assuming reversing entries were not made) to record the following: E-14 Dec.

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Financial Accounting

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