Solved: What entry does galen make at the maturity date assuming, Accounting Basics

What entry does galen make at the maturity date assuming

Question - Galen Wholesalers accepts from Picard Stores a $8,075, 4-month, 12% note dated May 31 in settlement of Picard's overdue account. The maturity date of the note is September 30. What entry does Galen make at the maturity date, assuming Picard pays the note and interest in full at that time? (List multiple debit/credit entries from largest to smallest amount, e.g. 10, 5, 2.)

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