Journal entries for the following selected transactions

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Prepare journal entries for the following selected transactions of Dulcinea Company for 2012. 

2012 Dec. 13 Accepted a $ 9,500, 60-day, 8% note dated December 13 in granting Miranda Lee a time extension on her past- due account receivable. 

31 Prepared an adjusting entry to record the accrued interest on the Lee note.

Reference no: EM13902898

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