Question: answer fully please!! 4. On March 10, received receivable from ABC company. ved an 80-day $200,000, 8% note from ABC company in place of an
4. On March 10, received receivable from ABC company. ved an 80-day $200,000, 8% note from ABC company in place of an open accounts discounted the note from the bank at an interest rate of 10%. The note was endorsed with er dishornorhe discounted note was dishonored. The bank charged $300 protest ee because 80-day recourse. On the maturity date, the was maturity date of the note, ABC company, our customer, who dishonored the note, paid the amount due in full. Record all along with your journal entries. the necessary entries for all the transactions above and show the date of each transaction
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