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    preciousjane Posts: 3, Reputation: 1
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    Mar 18, 2012, 07:42 AM
    Adjusting entry
    Hi.. please help me about this.. I'm confused on how to make the entry for it..

    Thank you so much. You're help will be much appreciated.

    The notes receivable were accepted from several customers. The notes were issued on Sept. 1,2011 and will be settled together with a 20% interest on May 31, 2011.

    Notes receivable is equal to 360,000.

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