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In April 1, 2016, Tabor Co. received an $18.000 note from a customer in sentiment of an $180,000 account receivable from that customer. The note

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In April 1, 2016, Tabor Co. received an $18.000 note from a customer in sentiment of an $180,000 account receivable from that customer. The note bore interest at the rate of 15% per annum, and the note plus interest wash payable March 31, 2017. The horizontal model to show the effects (+ for addition and - for subtraction) of each of these transactions and adjustments. Receipt of the note on April 1, 2016. The accrual of interest at December 31, 2016. The collection of the note and interest on March 31, 2017

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