Prepare journal entries for the following selected transactions of Dulcinea Company for 2012. 2012 Dec. 13 Accepted
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Prepare journal entries for the following selected transactions of Dulcinea Company for 2012.
2012
Dec. 13 Accepted a $9,500, 45-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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