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The following transactions are from Ohlm Company.Note: Use 360 days a year. December 16 Accepted ( a(n) $ 14,400,60-d a y, 7 % ) note

The following transactions are from Ohlm Company.Note: Use 360 days a year. December 16 Accepted \( a(n) \$ 14,400,60-d a y, 7 \% \) note in granting Danny Todd a time extension on his past-due account receivable. December 31 Made an adjusting entry to record the accrued inte 2 answers

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