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Received payment in full of the maturity date from the note. $190,000(cost $81,000) receiving a 6-month , 7% note. Prepare a compound journal entry showing
Received payment in full of the maturity date from the note. $190,000(cost $81,000) receiving a 6-month , 7% note. Prepare a compound journal entry showing the total cash received upon maturity.
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel
4th Canadian Edition
0470155353, 978-0470155356
