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Please show work, thanks! Required information SB On June 1, 201 The following information applies to the questions displayed below.] 8, Jensen Company acquired an.
Please show work, thanks!
Required information SB On June 1, 201 The following information applies to the questions displayed below.] 8, Jensen Company acquired an. On June 1, 2018, Jensen Company acquired an 6.2%, ten-month note receivable from a customer in settlement of an existing account receivable of $180,000. Interest and principal are due at maturity. MC Qu. 165 Jensen's entry to record... Jensen's entry to record the collection of this note at maturity includes a: Multiple Choice Credit to Notes Receivable of $191,160. Credit to Interest Receivable of $2,790 Credit to Interest Receivable of $6,510 Credit to Interest Revenue of $6,510Step by Step Solution
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