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Unformatted text preview: to record accrued interest on the note receivable. On November 30, 20X6, Lambert paid Musaka the full amount due on the note receivable. How would the November 30 entry differ if Lambert defaulted on the payment?...
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This note was uploaded on 02/29/2012 for the course ACCOUNTING 101 taught by Professor Hudack during the Spring '11 term at FIU.
- Spring '11