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Please help! Thank you Take me to the text On February 1, 2023, the Star Company acceptea sl*.inoihtfi Company has a June 30 year endr
Please help!
Thank you
Take me to the text On February 1, 2023, the Star Company acceptea sl*.inoihtfi Company has a June 30 year endr Required a) Prepare the journal entry for Star Companywhenthehote ki$lnecl, Do not enter dollar signs or commas in the input boxes. Date Account Title and Explanation bebit {6000 Feb 1 Notes Receivable Accounts Receivable Credit 16000 To convert accounts receivable to a note receivable b) Prepare the journal entry for the year-end adjustment Round your answers to 2 decimal places. Date Account Title and Explanation Jun 30 Interest Receivable i Interest Revenue To accrue interest at year end c) Climbing Company honours the note. Prepare the journal entry upon payment Round your answers to 2 decimal places. Enter credit entries in alphabetical order. Date Account Title and Explanation Aug 1 Cash Interest Receivable Interest Revenue Notes Receivable To receive note at maturity Debit Credit
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