On November 1, 2017, Kelemen Jewelers accepted a 3-month, 15% note for $6,000 in settlement...
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Accounting
On November 1, 2017, Kelemen Jewelers accepted a 3-month, 15% note for $6,000 in settlement of an overdue account receivable. The accounting period ends in December. Give the journal entry to record the accrued interest at the year end.
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