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Mathematics, 22.11.2019 00:31 jennifercastillo1233

Splish brothers company had the following select transactions. apr. 1, 2022 accepted goodwin company’s 12-month, 6% note in settlement of a $41,000 account receivable. july 1, 2022 loaned $22,000 cash to thomas slocombe on a 9-month, 11% note. dec. 31, 2022 accrued interest on all notes receivable. apr. 1, 2023 received principal plus interest on the goodwin note. apr. 1, 2023 thomas slocombe dishonored its note; splish brothers expects it will eventually collect.

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