Question: Blackwell Industries received a 120-day, 9% note for $150,000, dated August 13 from a customer on account. Journalize the entry to receive the note on
Blackwell Industries received a 120-day, 9% note for $150,000, dated August 13 from a customer on account.Journalize the entry to receive the note on account on August 13 and the receipt of the payment on the note on December 11.
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