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On September 15,2024 , Buckley Corporation received a $9,600, note from the estate of Jay Hendrix in exchange for services rendered. Terms of the note

On September 15,2024 , Buckley Corporation received a $9,600, note from the estate of Jay Hendrix in exchange for services rendered. Terms of the note call for the payment of principal, and interest at 12% in nine months, Buckley has a December 31 yearend. What adjusting entry will the company record on December 31,2024 ? Multiple Cholce

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