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  3. we sold abc company merchandise on account for $24

We sold ABC company merchandise on account for $24,000 They were unable to pay it...

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Accounting

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We sold ABC company merchandise on account for $24,000 They were unable to pay it so we changed it to a notes receivable for 30 days at 7%. A) What is the journal entry to change the AR to a NR Debit Credit B) What is the journal entry to show receiving the payment for the note receivable and interest? Debit Credit

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