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Magneto Magnets Ltd. completed the following transactions: Sept. 14, 2023 Provided services to X Corporation on account, $3,000, terms 30 days. Nov. 1, 2023 Accepted
Magneto Magnets Ltd. completed the following transactions:
Sept. 14, 2023 Provided services to X Corporation on account, $3,000, terms 30 days.
Nov. 1, 2023 Accepted a one-year, 12% note from X Corporation to settle its account.
Dec. 31, 2023 Accrued interest on the note from X Corporation. (Round to the nearest dollar.)
Nov. 1, 2024 Received amount due from X Corporation.
Record entries for the above transactions.
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