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I need answer in excel spreadsheet Problem 4 We sold ABC company merchandise on account for $12,000 They were unable to pay it so we
I need answer in excel spreadsheet
Problem 4 We sold ABC company merchandise on account for $12,000 They were unable to pay it so we changed it to a notes receivable for 30 days at 7%. A) What is the journal entry to change the AR to a NR Debit Credit B) What is the journal entry to show receiving the payment for the note receivable and interestStep by Step Solution
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