On December 1, 2010, a company accepted a $6,000, 9%, 3-month note from a customer in payment of his overdue account. The company prepares year-end financial statements on December 31. What entry should the company make on March 1, 2011, when the note and interest are paid? 
Definitions:
Alleles
Variants of a gene that arise by mutation and are found at the same place on a chromosome.
Heterozygous
Having two different alleles for the same trait.
Genetic Mutations
Permanent alterations in the DNA sequence that make up a gene, resulting in the gene functioning differently than normal.
Inheritable
Refers to traits or characteristics that can be passed down from one generation to the next through genes.
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