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February 14 Received Wright's payment of principal and interest on the $24,000, 60-day, 12% note dated December 16. The Martin Company does not prepare reversing
February 14 Received Wright's payment of principal and interest on the $24,000, 60-day, 12% note dated December 16. The Martin Company does not prepare reversing entries. Verify the amount of interest using the "CALCULATION OF INTEREST" tab
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Financial Accounting Version 3.0
Authors: Leah Kratz, Joe Ben Hoyle, C. J. Skender
3rd Edition
1453392904, 9781453392904
