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Journal Entries (Note Received, Renewed, and Collected) Prepare general journal entries for the following transactions: Feb 15 Received $100 (interest) on the old (Jan 16)

Journal Entries (Note Received, Renewed, and Collected) Prepare general journal entries for the following transactions: Feb 15 Received $100 (interest) on the old (Jan 16) note; the old note is renewed for 30 days at 7%

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