Question: Senada Custom Blinds accepted a 90-day, 7% notes receivable for $32,000 as payment for a sale made to Blind Covers Company on November 10, 2023.
Senada Custom Blinds accepted a 90-day, 7% notes receivable for $32,000 as payment for a sale made to Blind Covers Company on November 10, 2023. Senada has a December 31 year end. Prepare the journal entry to record accrued interest on December 31, 2023. Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. Date Account Title and Explanation Debit Credit Dec 31 Answer 1 Question 5 Answer 2 Question 5 Answer 3 Question 5 Answer 4 Question 5 To record accrued interest revenue
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