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QUESTION 10 Jan 1, 2020. Tom Retailer sold on account merchandises to Customer A valued at $150,500, credit terms 2/10,n/30. Feb 1, 2020. Customer A,

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QUESTION 10 Jan 1, 2020. Tom Retailer sold on account merchandises to Customer A valued at $150,500, credit terms 2/10,n/30. Feb 1, 2020. Customer A, converted its accounts receivable into a notes receivable by signing a promissory note with a 12% annual interet rate for 7 months. Oct 1, 2020. Settlement date Prepare the October 1, 2020 Journal entry. TTTT Paragraph #Arial 3 (12pt) 45 JET: * DO Q EEZETT. 25. q --- 5. Qia Path:p Words:0

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