Prepare journal entries for the following selected transactions of Deshawn Company for 2010. 2010 Dec. 13 Accepted
Question:
2010
Dec. 13 Accepted a $10,000, 45-day, 8% note dated December 13 in granting Latisha Clark a time extension on her past-due account receivable.
31 Prepared an adjusting entry to record the accrued interest on the Clark note.
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2010 Dec 13 Notes ReceivableL Clark 10000 Acc...View the full answer
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Related Book For 
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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