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On July 16, Moore Company received a $9,300, 45-day, 8% note from Wood in payment of its account On August 30, Wood paid its note
On July 16, Moore Company received a $9,300, 45-day, 8% note from Wood in payment of its account On August 30, Wood paid its note in full, including interest. Required: Prepare the journal entries for Moore Company on July 16 and August 30 Note: To simplify the arithmetic in the problem, use 360 days for the number of days in a year. Date Account Title Debit Credit Clear Undo Help
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