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'. Hal y Question Help On March 1, Kris Corporation accepted a 60-day, 9%, $14,600 note receivable from J. Stow in exchange for his account
'. Hal y Question Help On March 1, Kris Corporation accepted a 60-day, 9%, $14,600 note receivable from J. Stow in exchange for his account receivable. Read the requirements. Accrued interest earned. Requirements line Requirement 3. Journalize the collection of the principal and interest at maturity. Specify the date. of the journal entry table. For notes stated in days, use a 365-day year.) Date Accounts and Explanation Debit Credit Cash Note Receivable-J. Stow 14.600 Interest Revenue Interest Receivable 108 Collected note receivable plus interest. 1. Journalize the transaction on March 2. Journalize the adjusting entry needed on March 31 to accrue interest revenue. Round to the nearest dollar. 3. Journalize the collection of the principal and interest at maturity. Specify the date. Round to the nearest dollar Print Done Choose from any list or enter any number in the input fields and then click Check Answer Check Answer All parts showing
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