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What entry does gentry make at the maturity date

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Question: Gentry Wholesalers accepts from Blue Stores a $16425, 4 month, 8% note dated May 31 in settlement of Blue's overdue account. The maturity date of the note is September 30. What entry does Gentry make at the maturity date, assuming Blue pays the note and interest in full at the time?

Reference no: EM133659674

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