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Astro Company lent $60,000 to Mountain Company on November 1, 2020 and received a 3 month, 6% note receivable. Required: a) Prepare the journal entry

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Astro Company lent $60,000 to Mountain Company on November 1, 2020 and received a 3 month, 6% note receivable. Required: a) Prepare the journal entry on November 1,2020 for Astro lending the money and receiving the note. b) Prepare the adjusting journal entry on December 31, 2020. c) Prepare the journal entry on January 31, 2021 for collection of the maturity value of the

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