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Problem is as Follows: Jander Company closes its books on July 31. On June 30, the Notes Receivable account balance is $25,600. Notes Receivable include
Problem is as Follows:
Jander Company closes its books on July 31. On June 30, the Notes Receivable account balance is $25,600. Notes Receivable include the following. During July, the following transactions were completed. Journalize the July transactions and the July 31 adjusting entry for accrued interest receivable. (Interest is computed using 360 days; omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Jander Company closes its books on July 31. On June 30, the Notes Receivable account balance is $25,600. Notes Receivable include the following. During July, the following transactions were completed. Journalize the July transactions and the July 31 adjusting entry for accrued interest receivable. (Interest is computed using 360 days; omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.)Step by Step Solution
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