0 minutes (proctoring enabled) Savod Help Save & Exit On February 1, 2018, Sanger Corp. lends...

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Answer 1

Answer #1

The entry would be

Date	General Journal	Debit	Credit
Aug 1	Cash	8,100
	Interest revenue (7,50016%6/12)		600
	Notes Receivable		7,500
	(to record cash and interest received)

.

Option B is the answer

Answer 2

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