Question: Marlin companys december 31 yearend unadjusted trial balance shows a
Marlin Company’s December 31 year-end unadjusted trial balance shows a $24,000 balance in Notes Receivable. This balance is from one 6% note dated December 1, with a period of 45 days. Prepare any necessary journal entries for December 31 and for the note’s maturity date assuming it is honored.
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