Business, 04.04.2020 04:50 Nikida41

On August 1, 2021, Turner Manufacturing lends cash and accepts a $16,000 note receivable that offers 10% interest and is due in nine months. How would Turner record the year-end adjustment to accrue interest in 2021? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.)

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On August 1, 2021, Turner Manufacturing lends cash and accepts a $16,000 note receivable that offers...

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