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On December 1, 2021 Lansing Company accepted a three- month, 10% role for $10,000 from one of customers, Joshua Smith, to settle a past due

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On December 1, 2021 Lansing Company accepted a three- month, 10% role for $10,000 from one of customers, Joshua Smith, to settle a past due account receivable On December 31, 2021, the company made the appropriate year-end adjusting entry for interesa On March 1, 2022, Joshua Smith pays Lansing Company the note and interest in full as promised. When journal entry should the company make to record the collection of cash on March 1, 2022 (Round your answers to the nearest whole dollar)

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