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5-1B -Note receivable On April 30, 2024, Bell Co. loaned $7,000 to Y. Chang who signed a one-year 4% note. Bell Co. has a June

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5-1B -Note receivable On April 30, 2024, Bell Co. loaned $7,000 to Y. Chang who signed a one-year 4% note. Bell Co. has a June 30 fiscal year end. Required: Assuming the note is paid back in full on April 30, 2025, record all journal entries and adjustments relevant to the note (from Bell Co's perspective.)

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