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In the journal provided, prepare entries for the following (assume a calendar-year accounting period). In the journal provided, prepare entries for the following (assume a

In the journal provided, prepare entries for the following (assume a calendar-year accounting period). image text in transcribed

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 $7,840 from a customer as an extension of her past-due account. 31 Made the year-end adjustment for accrued interest. Mar. 1 Received full payment on the

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