Several mba groups participate in team adventures during

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Several MBA groups participate in TEAM adventures during June. Great Adventures charges $23,400 to these groups, with payment due in July. Jun. 30Myers Manufacturing fails to pay the amount owed within the specified period and agrees to sign a three-month, 10% note receivable to replace the existing account receivable.Record the Journal entry for Jun 30 and explain how did you find the number.

Reference no: EM13589675

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