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Notes Receivable Entries The following data relate to notes receivable and interest for Owens Co., a financial services company. (All notes are dated as of

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Notes Receivable Entries The following data relate to notes receivable and interest for Owens Co., a financial services company. (All notes are dated as of the day they are received.) Assume 360 days in a year. Mar. 8. 31. May 7. 16. June 11. 29. Received a $90,000, 8%, 60-day note on account. Received a $7,200,9%, 90-day note on account. Received $91,200 on note of March 8. Received a $69,600, 12%, 90-day note on account. Received a $36,000, 6%, 30-day note on account. Received $7,362 on note of March 31. Received $36,180 on note of June 11. Received a $12,000, 11%, 30-day note on account Received $71,688 on note of May 16. Received $12,110 on note of August 4. July 26. Aug. 4. 14. Dec. 2 Required: Journalize the entries to record the transactions. For a compound transactions, if an amount box does not require an entry, leave it blank. Mar. B Mar. 31

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