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In the journal provided, prepare entries for the following (assume a calendar-year accounting period): Omit explanations. Dec. 1 Received a three-month, 15 percent note receivable

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In the journal provided, prepare entries for the following (assume a calendar-year accounting period): Omit explanations. Dec. 1 Received a three-month, 15 percent note receivable for $300 from a customer as an extension of his past-due account. 31 Made the year-end adjustment for accrued interest. Mar. 1 Received full payment on the note. If an amount box does not require an entry, leave it blank or enter "0". Show your work. (6 Pts) GENERAL JOURNAL ACCOUNT TITLE El page DATE D U EBIT CREDIT 2 o a '5 30 Elm -] I o . mm H\

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