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Millennia Industries is the payee of a $6,000, 4-month, 8% note receivable due on May 15, 2020. What accounting entry should Millennia make on May

Millennia Industries is the payee of a $6,000, 4-month, 8% note receivable due on May 15, 2020. What accounting entry should Millennia make on May 15 if the note is repaid in full on that date?

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