Question: I need help creating a journal entries A customer settled an overdue account for $800 on January 16. The customer signed a 30-day promissory note

I need help creating a journal entries

A customer settled an overdue account for $800 on January 16. The customer signed a 30-day promissory note for $700 bearing 12% and gave $100 in cash to the lender. The lender properly accrues interest at the end of January. The promissory note was honored on the date of maturity. Prepare the journal

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