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Record the following transactions for Redeker Co. in the general Journal. May 1- Received a $9000, 12 month, 10% note in exchange for Mark Chambers

Record the following transactions for Redeker Co. in the general Journal.

May 1- Received a $9000, 12 month, 10% note in exchange for Mark Chambers outstanding accounts receivable.

Dec 31-Accrued interes on the chamber note.

Dec 31. Closed the interest revenue account.

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