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2021 1 May Dec. 31 2022 May 1 Received a $6,600, 12-months, 12% note in exchange for an outstanding account receivable from R. Stoney.
2021 1 May Dec. 31 2022 May 1 Received a $6,600, 12-months, 12% note in exchange for an outstanding account receivable from R. Stoney. Accrued interest revenue on the R. Stoney note. Received principal plus interest on the R. Stoney note. (No interest has been accrued since December 31, 2021.)
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Cost Accounting A Managerial Emphasis
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
6th Canadian edition
978-0132893534, 9780133389401, 132893533, 133389405, 978-0133392883
