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please just solve part B Golden Valley Limited accepts a thee-month, 7%, $37,600 note receivable in settlement of an account receivable on April 1, 2021.

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Golden Valley Limited accepts a thee-month, 7\%, $37,600 note receivable in settlement of an account receivable on April 1, 2021. interest is due at maturity (a) Vour answer is partially correct. Prepare the journal entries required by Golden Valley Limited to record the issue of the note on April 1, and the settiement of the note on July 1, assurning the note is honoured and that no interest has previously been accrued. (List all debit entries before credit entries Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts) Prepare the jourmal entries recjired by Golden Valley Limited to record the issue of the note on April 1, and the settlement of the note on July 1. assuming the note is honoured and that ho interest has previously been accrued, flist all debit entries before credit entries, Credit account titles are automaticaliy indented when the emount is entered, Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts: Prepare the journal entries recuired by Golden Valley Limited to record the issue of the note on April 1 , and the settlement of the note on July 1, assuming that the note is dishonoured, but eventual collection is expected, (List all debit entries before credit entries. Credit account tities are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry' for the account tities and enter 0 for the amounts)

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