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Business, 24.10.2019 04:00 BeenPaidGLO

Exercise 240 these transaction took place for sanders co. 2016 may 1 received a $15,000, 1-year, 9% note in exchange for an outstanding account receivable from t. foley. dec.31 accrued interest revenue on the t. foley note. 2017 may 1 received principal plus interest on the t. foley note. (no interest has been accrued since december 31, 2016.)record the transaction in general journal.

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Exercise 240 these transaction took place for sanders co. 2016 may 1 received a $15,000, 1-year, 9%...

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