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On August 1, a company accepted a 90-day note receivable as payment for services provided to another company. The terms of the note were $20,000
On August 1, a company accepted a 90-day note receivable as payment for services provided to another company. The terms of the note were $20,000 face value and 6% interest.
What is the journal entry to record the total accrual of the note on October 15?
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