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ENTRIES FOR RECEIPT OF NOTES RECEIVABLE (10 Points) - In the space provided on your answer sheet, prepare the journal entries for the following Note
ENTRIES FOR RECEIPT OF NOTES RECEIVABLE (10 Points) - In the space provided on your answer sheet, prepare the journal entries for the following Note Receivable transactions. The Cyrus Wrecking Ball Rentals Company had the following transactions in 2022: Date May 1 Dec 31 Transaction Loaned Cash to Malibu Construction the amount of $25,000 on a 8 month note at 9% dated May 1 Received from Malibu Construction, cash for the face amount of the note plus interest. (You can round to the nearest dollar.) ENTRIES FOR RECEIPT OF NOTES RECEIVABLE (10 Poiats) - In the space provided on your answer sheet, prepare the journal entries for the following Note Receivable transactions. The Cynus Wrecking Ball Rentals Company had the following transactions in 2022 : (You can round to the nearest dollar)
ENTRIES FOR RECEIPT OF NOTES RECEIVABLE (10 Points) - In the space provided on your answer sheet, prepare the journal entries for the following Note Receivable transactions. The Cyrus Wrecking Ball Rentals Company had the following transactions in 2022: Date May 1 Dec 31 Transaction Loaned Cash to Malibu Construction the amount of $25,000 on a 8 month note at 9% dated May 1 Received from Malibu Construction, cash for the face amount of the note plus interest. (You can round to the nearest dollar.)
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