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These transactions took place for Renda Co. 2011 May 1 Received a $5,000, 1-year, 6% note in exchange for an outstanding account receivable from S.
These transactions took place for Renda Co. 2011 May 1 Received a $5,000, 1-year, 6% note in exchange for an outstanding account receivable from S. Dorsey. Dec 31 Accrued interest revenue on the S. Dorsey note. 2012 May Received principal plus interest on the S. Dorsey note. (No interest has been accrued since December 31, 2011.) Record the transactions in the general journal
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Management Accounting And Strategic Human Resource Management
Authors: John Innes, Reza Kouhy
1st Edition
1859714862, 978-1859714867
