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Accounting for Notes Receivable On November 30. Tucker Products performed computer programming services for Thomas Inc. in exchange for a month, 548.600, 129 note receivable
Accounting for Notes Receivable On November 30. Tucker Products performed computer programming services for Thomas Inc. in exchange for a month, 548.600, 129 note receivable Thomas pald Tucker the full amount of interest and principal on April 30 Required: the nearest dollar. prepare the necessary entries for Tucker to record the transactions described above assuming a December 31 year end. If an amount bey does not require an entry leave it blarik. Round your final answer to 88 Nov. 30 (Record issuance of the note) Dec. 31 II II II Il l 10 (Record accrued interest income) Apr 30 (Record collection of not receivable)
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