Business, 22.07.2021 19:30 chambersjamal05

Lion Company accepted a $15,000, 30-day, 6% note on December 16 from Diaz Co, granting a time extension on his past-due account receivable. The adjusting entry on December 31 for Lion Company would include a credit to:

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Lion Company accepted a $15,000, 30-day, 6% note on December 16 from Diaz Co, granting a time extens...

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