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Consider the following transactions for Rural Beginnings. (Click the icon to view the transactions.) Journalize all transactions for Rural Beginnings. Round all amounts to the

image text in transcribedimage text in transcribed Consider the following transactions for Rural Beginnings. (Click the icon to view the transactions.) Journalize all transactions for Rural Beginnings. Round all amounts to the nearest dollar. (For notes stated in days, use a 365-day year. Round your final answers to the nearest whole dollar. Record debits first, then credits. Exclude explanations from journal entries.) Dec. 6: Received a $80,000,90-day, 8% note in settlement of an overdue accounts receivable from AVC Company. More info 2024 Dec. 6 Received a $80,000,90-day, 8% note in settlement of an overdue accounts receivable from AVC Company. Dec. 31 Made an adjusting entry to accrue interest on the AVC Company note. Dec. 31 Made a closing entry for interest revenue. 2025 Mar. 6 Collected the maturity value of the AVC Company note. Jun. 30 Loaned $11,000 cash to Providence Music, receiving a six-month, 16% note. Oct. 2 Received a $1,000,60-day, 16% note for a sale to Salem Sounds. Ignore Cost of Goods Sold. Dec. 1 Salem Sounds dishonored its note at maturity. Dec. 1 Wrote off the receivable associated with Salem Sounds. (Use the allowance method.) Dec. 30 Collected the maturity value of the Providence Music

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