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plz help December 7. Received from Unitarian Clothing and Bag5 Co., on account, a $54,000,60-day, 6% note dated December 7 . December 31. Recorded an
plz help
December 7. Received from Unitarian Clothing and Bag5 Co., on account, a $54,000,60-day, 6% note dated December 7 . December 31. Recorded an adjusting entry for accrued interest on the note of December 7. December 31. Recorded the closing entry for interest revenue. 20Yg February 5. Recelved payment of note and Interest from Unitarian Clothing \& Bags Co. Journalize the entries to record the transactions. Assume 360 days in a year. If an amount box does not require an antry, leave it blank Assume 360 days in a year. If required, round the interest to the nearest cent Step by Step Solution
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