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A $10,000, 12%, 60-day note receivable is received on January 12. The note is discounted at 12% on January 18.What is the maturity value of
A $10,000, 12%, 60-day note receivable is received on January 12. The note is discounted at 12% on January 18.What is the maturity value of thenote?Prepare journal entry to record at the date of maturity.
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