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QS 7-15 (Algo) Note receivable interest and maturity LO P4 On December 1, Daw Company accepts a $18,000, 45-day, 10% note from a customer (1)

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QS 7-15 (Algo) Note receivable interest and maturity LO P4 On December 1, Daw Company accepts a $18,000, 45-day, 10% note from a customer (1) Prepare the year-end adjusting entry to record accrued interest revenue on December 31 (2) Prepare the entry required on the note's maturity date assuming it is honored (Use 360 days a year.) View transaction list Journal entry worksheet Record the journal entry on the note's maturity date assuming it is honored Assume Daw Company does not prepare reversing entries. Note: Enter debits before credits General Joumal Debit Credit Date January 15 Record entry Clear entry View general journal $$$$ Percent Uncollectible by Accounts crement Org BAR Type here to search o O BI FI F2 FS . ** # % 5 2 3 2 w Q E R T T

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