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Business, 23.07.2021 02:50 lawhornmakayla
On November 1, Bahama National Bank lends $3.7 million and accepts a six-month, 9% note receivable. Interest is due at maturity. Record the acceptance of the note and the appropriate adjustment for interest revenue at December 31, the end of the reporting period.
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On November 1, Bahama National Bank lends $3.7 million and accepts a six-month, 9% note receivable....
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