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(right click + open in new tab for higher resolution image) On August 1. 2018. Turner Manufacturing lends cash and accepts a $17000 note receivable
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On August 1. 2018. Turner Manufacturing lends cash and accepts a $17000 note receivable that offers 16% interest and is due in nine months. How would Turner record the year-end adjustment to accrue interest in 2018? (Do not round intermediate calculations. Round your answer to the nearest dollar amount. Dnterest Rece Mable 1193 Interest Revenu 193 O Interest Recervable 2720 Interest Revenue 22720 Dnterest Revenue 1193 Interest Receivabl 1193 Interest Recevable 1133 Interest Revenu 1133Step by Step Solution
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