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Business, 15.07.2020 01:01 rahmao2773

Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31, 2015. On June 30, 2015, Louvers prepared a period-end adjusting entry to accrue the $125 of interest owed on the note. The note is honored on November 27, 2015. Prepare the necessary November 27 entry for Louvers by selecting the account names and dollar amounts from the drop-down menus. If more than one account needs to be debited or credited, please list them in alphabetical order.

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Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31, 2015. On June...

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