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Make for the Alpha Company the General Journal entries

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Question - On December 21, 2016, Alpha Company accepted from Bravo a $10,000, 90-day, 8% note in lieu of an existing $10,000 account receivable. Alpha Company's fiscal year-end is December 31. Use this information to make for the Alpha Company the General Journal entries (without explanation) for December 21, 2016. If no entry is required then write "No Entry Required."

Reference no: EM132639068

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