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Please help with red blanks, I have tried everything, and can't figure it out. Thanks! These transactions took place for Wildhorse Co. 2024 May 1
Please help with red blanks, I have tried everything, and can't figure it out. Thanks!
These transactions took place for Wildhorse Co. 2024 May 1 Received a $2,800,12-month, 9% note in exchange for an outstanding account receivable from R. Stoney. Dec. 31 Accrued interest revenue on the R. Stoney note. 2025 May 1 Received principal plus interest on the R. Stoney note. (No interest has been accrued since December 31, 2024.) \begin{tabular}{cl} Date & Account Titles and Explanation \\ \hline lay 1,2024 & Notes Receivable \\ \hline \end{tabular} 2800 Accounts Receivable Interest Receivable Interest Revenue lay 1,2025 Cash 2800 Notes Receivable 2800 Interest Revenue Interest Receivable
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