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Business, 29.03.2021 22:10 bestsisever0

[The following information applies to the questions displayed below.] Following are transactions of Danica Company. Dec. 13 Accepted a $16,000, 45-day, 6% note in granting Miranda Lee a time extension on her past-due account receivable. 31 Prepared an adjusting entry to record the accrued interest on the Lee note.

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