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1)Record the receipt of a note on January 1 for a $49,000 loan to an employee 2)Record the interest accrued on the note as of
1)Record the receipt of a note on January 1 for a $49,000 loan to an employee
2)Record the interest accrued on the note as of June 30.
3)Record the receipt of the interest on the notes maturity date. No interest has been recorded since June 30.
4)Record the receipt of the payment for the full principal.
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