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At October 30th, XYZ Corp has the following account balances for a one year note...

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Accounting

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At October 30th, XYZ Corp has the following account balances for a one year note receivable that bears 6% interest which is due on November 30th. Note receivable $10,000 Interest receivable $550 What is the journal entry that XYZ will record when the repayment of the note and the interest is made on November 30th

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