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harper company lends hewell company $72,000 on March 1, accepting a four month, 10% interest note. Harper company prepares financial statements on March 31. what

harper company lends hewell company $72,000 on March 1, accepting a four month, 10% interest note. Harper company prepares financial statements on March 31. what adjusting entry should be made before the financial statements can be prepared?
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Harper Company lends Hewell Company 572,000 on March 1, accepting a four-month, 10% interest note. Harper Company prepares financial statements on March 31. What adjusting entry should be made before the financial statements can be prepared? $2,400 Interest Receivable Interest Revenue $2,400 OD $600 Interest Receivable Interest Revenue $600 Cash 5600 Interest Revenue $600 Od. Note Receivable $72,000 Cash $72,000 Thomas Martin receives an hourly wage rate of $25, with time-and-a-half pay for all hours worked in excess or 40 hours during a week. Payroll data for the current week are as follows: hours worked, 42; federal income tax withheld, $355, social security tax rate, 6.0%, and Medicare tax rate, 1.5%. What is the gross pay for Martin On $2.100 Ob. $1.575 Oc 51.075 Od 11,050

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