Business, 11.11.2019 21:31 chloeann4688
Shamrock company had the following select transactions. apr. 1, 2022 accepted goodwin company’s 12-month, 8% note in settlement of a $46,000 account receivable. july 1, 2022 loaned $23,000 cash to thomas slocombe on a 9-month, 12% note. dec. 31, 2022 accrued interest on all notes receivable. apr. 1, 2023 received principal plus interest on the goodwin note. apr. 1, 2023 thomas slocombe dishonored its note; shamrock expects it will eventually collect.
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Shamrock company had the following select transactions. apr. 1, 2022 accepted goodwin company’s 12-m...
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