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26 Prepare journal entries to record the following transactions of Namco. (Use 360 days a year.) April 1 Accepted a $6,000, 90-day, 5% note

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26 Prepare journal entries to record the following transactions of Namco. (Use 360 days a year.) April 1 Accepted a $6,000, 90-day, 5% note from Travis in granting a time extension on his past due account receivable. June 30 Travis dishonored his note, View transaction list Journal entry worksheet < 1 2 Record receipt of note on account. Note: Order debits before credits. Date April 01 General Journal Debit Credit Prey 8 of 12 Next > submit

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