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loaned 21,000 to Reid Parker and executive with the company on a one-year 10% note the accrued interest revenue was $700 on December 31 2018.

loaned 21,000 to Reid Parker and executive with the company on a one-year 10% note the accrued interest revenue was $700 on December 31 2018. on September 1st 2019 the company collected the maturity value of the Parker note how do you prepare a single compound journal entry for that

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