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On nov 15 2010 betty corp accepted a not receivable in

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On Nov. 15 2010, Betty corp accepted a not receivable in place of an outstanding accounts receivable in the amount 138,460. The note is due in 90 days and has interest rate of 7.5%. What would be the amount required for the Dec. 31 2010 adjusting journal entry?

Reference no: EM13596328

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