Suppose a company receives a note for 10000 on 12108 that
Suppose a company receives a note for $10,000 on 12/1/08 that pays interest at 12% (per year). The principal is $10,000. Full interest is paid at the end (12/1/09) along with the principal. Prepare all necessary journal entries.
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suppose a company receives a note for 10000 on 12108 that pays interest at 12 per year the principal is 10000 full
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