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11. Present, in journal form, the adjustments that would be made on July 31, 2013, the end of the fiscal year, for each of the
11. Present, in journal form, the adjustments that would be made on July 31, 2013, the end of the fiscal year, for each of the following. A. On March 1, 2013 a ten-month, 6% note for $18.000, interest and principal payable due at maturity, was given to a vendor. B. On May 1, 2013 $48,000 was collected as rent for three years in advance and Rent Revenue was credited. C. On February 1, 2013 an 8% note for $20,000, interest and principal due at maturity, was received from a customer. n
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