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Feb. 1: Collected the maturity value of the Tell note. (Prepare a single compound journal entry. Use months for this interest computation.) Date Accounts and

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Feb. 1: Collected the maturity value of the Tell note. (Prepare a single compound journal entry. Use months for this interest computation.) Date Accounts and Explanation Debit Credit 2019 Feb. 1 Cash Interest Receivable Interest Revenue Note Receivable - Brandy Tell Collected note receivable plus interest. 18,000 2018 Feb. 1 Loaned $18,000 cash to Brandy Tell on a one-year, 10% note. Apr. 6 Sold goods to Fairway Masters, receiving a 90-day, 6% note for $6,000. Ignore Cost of Goods Sold. 30 Made a single entry to accrue interest revenue on both notes. ? Collected the maturity value of the Fairway Masters note. 2019 Feb. 1 Collected the maturity value of the Tell

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