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Seaver Company’s December 31 year-end trial balance shows an $8000 balance in Notes Receivable This balance is from one note dated December 1 with a term of 45 days and

Seaver Company’s December 31 year-end trial balance shows an $8,000 balance in Notes Receivable. This balance is from one note dated December 1, with a term of 45 days and 4.5% interest. Determine the maturity date and prepare the December 31 and maturity date entries, assuming the note are honoured.

Mar 16 2020 View more View Less

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