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Record the following transactions in the journal of Aegean Supplies, which ends its accounting year on November 30 Oct 1 Lent $90,000 cash to Josh

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Record the following transactions in the journal of Aegean Supplies, which ends its accounting year on November 30 Oct 1 Lent $90,000 cash to Josh Dowling on a one-year, 8 percent note Nov 3 Sold goods to Hapfield Inc., receiving a 100 day, 6 percent note for $6,500.00. Cost of the goods was 52,400. Aegean uses a perpetual inventory system 16 Received a $3,400, sbe-month, 12.5 percent note on account from PHM Inc. when the receivable for that amount could not be paid on time. 30 Accrued interest revenue on all notes receivable Hint: Recall that you divide by days or months depending on the terms of the note Nov 30. Accrued interest revenue on all notes receivable Accrue the interest revenue on all notes in one entry (Round your answers to the nearest cont. Compute the interest for PHM's assuming that 12 month has expired.) Journal Entry Date Accounts Debit Credit Nov

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