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Question 1 Included in Marin Company's December 31 trial balance is a note receivable of $10,080. The note is a 4-month, 10% note dated October
Question 1 Included in Marin Company's December 31 trial balance is a note receivable of $10,080. The note is a 4-month, 10% note dated October 1. Prepare Mann's December 31 adjusting entry to record $252 of accrued interest, and the February 1 )ournal entry to record receipt of $10,416 from the borrower. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work
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