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On August 1 , Kim Company accepted a $ 1 4 , 0 0 0 , 9 0 - day, 4 % note receivable as

On August

1,

Kim Company accepted a $

14, 000, 90 -

day,

4 %

note receivable as payment for services provided to Hsu Company. On October

30,

the entry to journalize the collection of the note should include a

(

Assume a

360 -

day year.

)?

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