Question: On February 1 , 2 0 2 4 , a company lends cash and accepts a $ 9 , 5 0 0 note receivable that

On February 1,2024, a company lends cash and accepts a $9,500 note receivable that offers 10% interest and is due in six months. What would the
company record on August 1,2024, when the borrower pays the correct amount owed? (Do not round intermediate calculations.)
On February 1,2024, a company lends cash and accepts a $9,500

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