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Practice Problem #2: Journalize the following transactions a) 9/12 b) 10/9 11/15 d) 12/8 Received a $30,000, 12%, 120-day note on account. Received a
Practice Problem #2: Journalize the following transactions a) 9/12 b) 10/9 11/15 d) 12/8 Received a $30,000, 12%, 120-day note on account. Received a $15,000, 10%, 60-day note on account. Received an $18,000, 15%, 30-day note on account. Received the amount due on the note of October 9. e) 12/15 The note of November 15 was dishonored. f) 12/31 Accrued interest on the note of September 12.
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