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12) Record the following transactions in general journal form: a. b. c. issued a 60-day, 11%, $2,400 note to Capps Company on account. Discounted our

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12) Record the following transactions in general journal form: a. b. c. issued a 60-day, 11%, $2,400 note to Capps Company on account. Discounted our own 90-day, 12% note for $30,000 at the local bank. Paid the note due on its due date in (b)

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