Business, 14.07.2020 01:01, SkinnestXOXO

Blossom Company lends Blue Spruce industries $61200 on August 1, 2022, accepting a 9-month, 12% interest note. If Blossom Company accrued interest at its December 31, 2022 year-end, what entry must it make to record the collection of the note and interest at its maturity date

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Blossom Company lends Blue Spruce industries $61200 on August 1, 2022, accepting a 9-month, 12% inte...