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Just need some help on this and the parts that will follow please. I will rate! Many thanks and God bless!!! S8-11 (similar to) Question

image text in transcribedJust need some help on this and the parts that will follow please.

I will rate!

Many thanks and God bless!!!

S8-11 (similar to) Question Help On December 1, Kean Corporation accepted a 120-day, 9%, 521,900 note receivable from J. Silverthorn in exchange for his account receivable. Read the requirements Requirement 1. Journalize the transaction on December 1. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Dec. 1 - X Requirements 1. Journalize the transaction on December 1. 2. Journalize the adjusting entry needed on December 31 to accrue interest revenue. Round to the nearest dollar. 3. Journalize the collection of the principal and interest at maturity. Specify the date. Round to the nearest dollar. Print Done Choose from any list or enter any number in the input fields and then click Check Answer. ? 2 parts remaining Clear All Check

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