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Prepare general journal entries for the Knapp Computers Company for the following transactions Aug. 31 Received a $20,000, 2 month, 9% note from Barber's Accounting

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Prepare general journal entries for the Knapp Computers Company for the following transactions Aug. 31 Received a $20,000, 2 month, 9% note from Barber's Accounting Service in settlement of its account. Sept. 30 Recorded the adjustment for interest. Oct 31 Barber paid the note and interest at maturity

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