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Question 6 points On 1/3/2020 ABC company lends XYZ company JD 16,000, accepting a four-month, 6% interest note. If ABC presents the note to XYZ

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Question 6 points On 1/3/2020 ABC company lends XYZ company JD 16,000, accepting a four-month, 6% interest note. If ABC presents the note to XYZ on 1/7/2020, maturity date. ABC entry to record the collection is: Cash 16,000 Notes Receivables 16,000 Cash 15,680 Interest Revenue 320 0 Notes Receivables 16,000 Cash 16,000 Interest Revenue Notes Receivables 320 15.680 Cash 16,320 Interest Revenue 320 Notes Receivables 16,000

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