Question: Prepare the year end (December 31) adjusting entry for the following On November 1, a ten-month, 6% note for $20,000 was received from a

Prepare the year end (December 31) adjusting entry for the following On

Prepare the year end (December 31) adjusting entry for the following On November 1, a ten-month, 6% note for $20,000 was received from a customer.

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