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On April 1 2 , Hong Company agrees to accept a 6 0 - day, 1 0 , $ 6 , 1 0 0 note

On April

12,

Hong Company agrees to accept a

60 -

day,

10,

6, 100

note from Indigo Company to extend the due date on an overdue account payable. What is the journal entry made by Indig

.

mpany to record the transaction?

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