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Problem #6 - Notes Receivable ABC Company had a 180 -day, 8,25% note for $200,000, dated Feb 4 from a customer on account. 1) Determine
Problem \#6 - Notes Receivable ABC Company had a 180 -day, 8,25% note for $200,000, dated Feb 4 from a customer on account. 1) Determine the maturity date for the note. 2) Determine the maturity value of the note. 3) Prepare journal entries for the receipt of the note on January 10, and the receipt of the cash on the maturity date of the
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