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2. Prepare the journal entries for Peppe rs Company for the following transactions a. Peppers sold S6,000 of merchandise to Spice Company on account. b.
2. Prepare the journal entries for Peppe rs Company for the following transactions a. Peppers sold S6,000 of merchandise to Spice Company on account. b. Peppers received a 90-day, S6,000, 12% note for a time extension of past-due account of Spice Company c. Collected the Spice note on the maturity date. 3. Chase Hunford negotiated a $10,000 bank loa La bank rate of12%. The .8 aining in the periodic inventory
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