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2 On June 17, 2017, Kerak Inc. writes a 60-day, 8%, $40,000 note to settle an open account with Tafila Solutions. At what amount will
2 On June 17, 2017, Kerak Inc. writes a 60-day, 8%, $40,000 note to settle an open account with Tafila Solutions. At what amount will the payee record the note receivable on its statement of financial position, and on what date will the note be recorded? of
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