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Stake Technology Inc. has a $135,000 note receivable that requires interest to be paid on the 20% of the month The net was last received
Stake Technology Inc. has a $135,000 note receivable that requires interest to be paid on the 20% of the month The net was last received on August and the collection is due on September 20. Interest accrues at the rate of $185 per day Fill in the journal below to reflect a. The accrued adjustment on August 31. b. The subsequent interest collection on September 20 Enter the transaction letter (a) or (b) as the description Dates must be entered in the format ddimmm pe 15) Date General Journal Account/Explanation Page Gl F Debit Credit Stake Technology Inc has a $135,000 note receivable that requires interest to be paid on the 20 of the month. The interest was last received on August 20 and the next collection is due on September 20 Interest accrues at the rate of $185 per day Fill in the journal below to reflect a. The accrued adjustment on August 31 b. The subsequent interest collection on September 201 Enter the transaction
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