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on october 1, 2015, ealays jewler accepted a 4 month, 11% note for 7500 in...

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Accounting

on october 1, 2015, ealays jewler accepted a 4 month, 11% note for 7500 in a settlement of an overdue account receivable. the company closes its accouts at the year end. calculate and record the accrued interest on the note at december 31, 2015?

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