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The Hernandez Company Had the Following Transactions Involving Notes Receivable 11 \quad

Question 88

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The Hernandez Company had the following transactions involving notes receivable during 2011. Record the transactions on page 6 of a general journal. Omit descriptions. July 11 \quad Received a 3-month, 8 percent note for $9,000\$ 9,000 from Lincoln Company, a customer whose account was overdue.
October 1 \quad The note issued by Lincoln Company was dishonored today.

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