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Entries forNotes Receivable Valley Designs issued a 90-day, 9% note for $42,000, dated April 15, to Bork Furniture Company on account. Assume 360 days in

Entries forNotes Receivable

Valley Designs issued a 90-day, 9% note for $42,000, dated April 15, to Bork Furniture Company on account. Assume 360 days in a year when computing the interest.

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