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Please full out the whome journal entries and answer (a and b). (a) what is the adihsting entry at Dec 31? (b) what is the

Please full out the whome journal entries and answer (a and b).
(a) what is the adihsting entry at Dec 31?
(b) what is the entry made bu Galen at the maturity date, assuming Piscard pays the note and interest in full at that time? image text in transcribed
9-3 version 2 Galen Wholesalers accepts from Picard Stores a $6,200,9 month, 12% note dated May 31 in settlement of Picard's overdue account. (a) What is the adjusting entry at Dec 31? (b) What is the entry made by Galen at the maturity date, assuming Picard pays the note and interest in full at that time? Account Name Debit Credit Date

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