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Additionally, during the course of 2 0 1 9 , Hampton Company made sales to two new customers, who were starting new businesses. Hampton Company

Additionally, during the course of 2019, Hampton Company made sales to two new customers, who were starting new businesses. Hampton Company required them to sign the following notes:
1. On June 1,2019, Zimmerman, Inc. purchased $85,000 of equipment from Hampton. Zimmerman
signed a note that required $10,000 down with the remainder due in 6 quarterly installments (dueo n Sept 1, Dec 1, Mar 1, June 1, etc.). The interest rate on the note is 11%
With regards to these notes, please make the following journal entries for Hampton:
A. The journal entries to record the initial sale of equipment, receipt of cash, and note receivable for both notes.
B. Any payments made by Zimmerman during the course of 2019.
C. Interest revenue accrued as of 12/31/19.

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