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2. Prepare the journal entries for Peppers Company for the following transactions a. Peppers sold $6,000 of merchandise to Spice Company on account. b. Peppers

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2. Prepare the journal entries for Peppers Company for the following transactions a. Peppers sold $6,000 of merchandise to Spice Company on account. b. Peppers received a 90-day, $6,000, 12% note for a time extension of past-due account of 15 Spice Company cCollected the Spice note on the maturity date

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