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month0 note with interest due on its mabuty date. March 31, 2017. Kely prepares Kelly Associates sold a piece of equipment tool Company on September

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month0 note with interest due on its mabuty date. March 31, 2017. Kely prepares Kelly Associates sold a piece of equipment tool Company on September 1, 2016, for $600.000. Kely agreed to accept a financial statements only a s calendar year-end Prepare the journal entries to record the sale the accrued interest revenue and the full colection at maturity Prepare the journal entry required to record the sale (Record debitis first, the credits. Exclude explanations from any jumal entries.) Kely Associates sold a piece of equipment to Kit Company on September 1, 2016 Prepare the journal entry required to record the year-end interest accrual on December 31, 2016. (Record debits first, then credits. Exclude explanations from any journal entries. Do not round intermediary Kelly Associates sold a prece of equipment to Kit Company on September 1, 2016, for $600,000. Kelly agreed to accept a 7-month, 6 note with oreste on its maturity date, March 31, 2017 Kely prepares financial statements only at its calendar year-end. Prepare the journalinos lo record the sale, the accrued interest revenue and the full collection at maturity Prepare the journal entry required to record the year and interest accrual on December 31, 2016. (ecord debts first the credits Exclude explanations from anyjournal entries. Do not round intermediary calculations. Only round the amount you input in the col to the nearest dollar. Use for any necessary calculations.) Donofround Prepare the journal entry required to record the collection of the noteriale ontmanty date of March 31, 2017. Record debits first the credits Exclude explanations from any oumali hermediary calculations. Only round the amount you input in the cell to the nearest dollar. Use montre for any necessary calculations.) de and then continue to the next

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