Required: 1. Journalize the entry on May 14, the date on which the note was...
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Accounting
Required: 1. Journalize the entry on May 14, the date on which the note was issued. 2. Journalize the entry on June 28, the date on which the note matures. Notes: 1. To simplify the arithmetic, use 360 days in a year (round your responses to the nearest cent). 2. Assume that no interest has been accrued prior to payment
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