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Business, 30.03.2020 22:12 maggie2018

Majesty Productions accepted a $7,200, 120-day, 6% note from Swartz Studio on March 1. On the date the note matures, Swartz is unable to pay, but Majesty intends to continue collection efforts. What entry should Majesty record on the maturity date for this dishonored note?

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Majesty Productions accepted a $7,200, 120-day, 6% note from Swartz Studio on March 1. On the date t...
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