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Drag and drop to record the following note receivable transaction in the journal of Stockings Hung Inc. Use a month count for interest calculations and
Drag and drop to record the following note receivable transaction in the journal of Stockings Hung Inc. Use a month count for interest calculations and round interest amount to the nearest dollar. Explanations are not required for your journal entries. Note: there will be unused responses when the question is complete. June 1 Loaned $60,000 cash to Claus Manufacturing Inc. on a one year, 8%
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