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On January 15, 2020, Rayan Company received a three month, 6%, 58,000 note from Khaled Co. for the settlement of his open account. The entry

On January 15, 2020, Rayan Company received a three month, 6%, 58,000 note from Khaled Co. for the settlement of his open account. The entry by Rayan Company on January 15, 2020 would include a

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