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Business, 16.03.2020 18:06 charlettethomap7e9st

The following transactions took place for Parker’s Grocery. a. Jan. 1 Loaned $47,000 to a cashier of the company and received back a one-year, 10 percent note. b. June 30 Accrued interest on the note. c. Dec. 31 Received interest on the note. (No interest has been recorded since June 30.) d. Dec. 31 Received principal on the note.

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