Prepare journal entries for the following selected transactions of Dulcinea Company for 2012. 2012 Dec. 13 Accepted
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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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Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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