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EFG Company had the following transactions occur related to a note receivable: Nov. 14 Received a $2,400, 90-day, 7% note from QRS in payment of

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EFG Company had the following transactions occur related to a note receivable: Nov. 14 Received a $2,400, 90-day, 7% note from QRS in payment of their account. Dec. 31 Accrued interest on the QRS note. Feb. 12 Received the amount due from QRS on their note. REQUIRED: Journalize the above transactions for EFG Company

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