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Tricorder Ltd. sold inventory to Declination Corp. and accepted an eighteen-month, $10,000, 8% note receivable from Declination Corporation on June 1, 2019. Calculate the amount

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Tricorder Ltd. sold inventory to Declination Corp. and accepted an eighteen-month, $10,000, 8% note receivable from Declination Corporation on June 1, 2019. Calculate the amount of interest to be accrued by Tricorder Ltd. on December 31, 2019 and prepare the journal entry to record it. Assume that adjusting entries are done once per year, on each December 31. D DD - Format BI U - Debit Credit

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