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January 1, 2023 Your company issued a $5,000 note to customer Jones Company as terms...

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Accounting

January 1, 2023 Your company issued a $5,000 note to customer Jones Company as terms of a merchandise sale. Note contract terms 2 years ( 24-month maturity date), and a 12% annual interest rate. Please prepare the required journal entry. Make sure you distinguish your debit account(s) and credit account(s) by indenting your credit account(s)

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