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How do you get the intrest revenue and interest receivable for Dec 16? Sheridan Company has the following transactions related to notes receivable during the
How do you get the intrest revenue and interest receivable for Dec 16?
Sheridan Company has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to accrue interest eccept at December 31 . Journalize the transactions for Sheridan Company (Credit account titles are outomotically indented when amount is entered. Do not indent manually, Use 360 doys for colculation. Round intermedlote calculations to 2 decimal ploces, eg. 15.25 and find answers to 0 decimal ploces, e. 5,275. Record joumal entries in the order presented in the problem.) Step by Step Solution
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