On December 1, Bears Company received a $15,000, 75 day, 9 note from a customer in exchange for services pe med Bears Company prepared the appropriate journal entry on December 1 to record the receipt of the note (Assume a year has 360 days for interest computation purposes) 1 Prepare the year end...

Date General Journal Debit Credit 1 December 31 Note receivable 15000 To Service r ...

On December 1, Bears Company received a $15,000, 75-day, 9% note from a customer in exchange...

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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Posted Date: Apr 12, 2022 03:02 AM

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Intermediate Accounting

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