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    Jfredricks33's Avatar
    Jfredricks33 Posts: 14, Reputation: 1
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    #1

    Feb 2, 2013, 01:37 PM
    Adjusting entry
    Yorkis Perez gave the bank a 90-day, 10% note for $7,200 on December 1, 2012.

    What is the adjusting entry if the books are being closed on December 31, 2012?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Feb 2, 2013, 01:44 PM
    This is a duplicate post and I posted an answer on the other post.
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