Prepare the may 31 adjusting journal entry


Derm Travel Agency accepted a four-month, 9% interest rate, $2,000 note from one of its customers on May 1, 2008. The entire balance is payable at the note's maturity. Prepare the May 31 adjusting journal entry related to this note.

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Accounting Basics: Prepare the may 31 adjusting journal entry
Reference No:- TGS077085

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