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Glaser Company received a $30,000 1-year note from Ann Duff in payment of her account on June 1, 2016. In November 2016, Glaser sold $18,000 of merchandise to Malone Inc on account with terms of 2/10, n/30 and Malone returned $500 of merchandise. On November 9, Glaser received full payment from Malone. On December 31, 2016, Glaser accrued interest on Ann Duff

Author

lia

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EN