On August 1 , Kim Company accepted a $ 1 4 , 0 0 0 , 9

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Question:

On August

1,

Kim Company accepted a $

14, 000, 90 -

day,

4 %

note receivable as payment for services provided to Hsu Company. On October

30,

the entry to journalize the collection of the note should include a

(

Assume a

360 -

day year.

)?

Related Book For answer-question

Fundamental Financial Accounting Concepts

ISBN: 978-0078025907

9th edition

Authors: Thomas Edmonds, Christopher Edmonds

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Posted Date: Mar 15, 2024 02:33 AM

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On August 1 , Kim Company accepted a $ 1 4 , 0 0 0 , 9

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To determine the entry to journalize the collection of the note on October 30 we need to consider th... View the full answer

Fundamental Financial Accounting Concepts

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