Question: Year 1December 16Accepted a $15,600, 60-day, 10% note in granting Paula Parker atime extension on his past-due account receivable.December 31Made an adjusting entry to record

Year 1December 16Accepted a $15,600, 60-day, 10% note in granting Paula Parker atime extension on his past-due account receivable.December 31Made an adjusting entry to record the accrued int Journal entry worksheet $ 6 \quad 7 \quad 8 \quad 9 $ February 14 Received Parker's payment of principal and interest on the $ \$ 15,600,60 $-day, $ 10 \% $ note dated December 16. The Allen Com 0 answers

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