Prepare addamss november 1 entry december 31 annual


Addams Family Importers sold goods to Acme Decorators for $20,000 on November 1, 2008, accepting Acme's $20,000, 6-month, 6% note. Prepare Addams's November 1 entry, December 31 annual adjusting entry, and May 1 entry for the collection of the note and interest.

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