Question: Prepare journal entries for the following selected transactions of Dulcinea

Prepare journal entries for the following selected transactions of Dulcinea Company for 2012.
2012
Dec. 13 Accepted a $ 9,500, 60-day, 8% note dated December 13 in granting Miranda Lee a time extension on her past- due account receivable.
31 Prepared an adjusting entry to record the accrued interest on the Lee note.


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  • CreatedNovember 26, 2013
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