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On January 15, Ross Furniture, Incorporated, accepts a $5,000, 180-day, 10 percent note from a...

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Accounting

On January 15, Ross Furniture, Incorporated, accepts a $5,000, 180-day, 10 percent note from a customer at the time of a product sale.

Prepare the January 15 entry for Ross Furniture by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.

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