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Smith Company received, on account, from Miller company a $18,000, 90 day note with 6% interest, dated june 5th,2017. a. Journalize the receipt of the
Smith Company received, on account, from Miller company a $18,000, 90 day note with 6% interest, dated june 5th,2017.
a. Journalize the receipt of the note.
b. journalize the month end adjusting entries to record the interest
c. Journalize the receipt of the maturity value.
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