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Record journal entries for the following transactions of Telesco Enterprises. Jan. 1, 2018. Issued a $332,700 note to customer Abe Willis as terms of a

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Record journal entries for the following transactions of Telesco Enterprises. Jan. 1, 2018. Issued a $332,700 note to customer Abe Willis as terms of a merchandise sale. The merchandise's cost to Telesco is $122,900. Note contract terms induded a 36 -month maturity date, and a. 6% annual interest rate. Dec. 31,2018 Telesco records interest accumulated for 2018. Dec. 31, 2019 Telesco records interest accumulated for 2019. Dec. 31, 2020 Abe Willis honors the note and pays in full with cash. If an smount box does not require an entry, leave it blank. To record the cost of sale Dec, 31,2018 Interest Receivable: Willis v Interest Revenue To record interest accumulated in 2018 Dec. 31, 2019 Interest Receivable: Willis v interest Revenue To record interest accumulated in 2019 Dec. 31,2020 Cash Notes Receivablen Willis Interest Receivable: Willis 7v Interest Revenue T' record collection of principal and accumulated interest Feedback v Chock My Work

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