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For the effective rate please use the RATE function with cell reference. For the values of Notes Receivable and Interest Income let me know the

For the effective rate please use the RATE function with cell reference.

For the values of Notes Receivable and Interest Income let me know the formula with cell reference.

Thank you in advance!

Prepare the journal entries for Lee on June 1, 2023, and December 31, references to the Problem area. You will enter amounts into the number of periods, present value and the future value. Be sure Date Debit to enter a negative in the

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