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On January 1, Ajax Corp accepted a one-year note for $5,000 at 4% from one of its customers. When the note matured on December 31, the customer was unable to pay, and the company treated it as a dishonored note. Provide the journal entry for the dishonor of the note in the books of the company.
Hurricane Harvey
A Category 4 hurricane that made landfall in Texas in August 2017, causing catastrophic flooding and damage.
Collaborative Consumption
An economic model based on sharing, renting, or swapping goods and services directly between individuals, facilitated by community-based online platforms.
Sustainable Global Environment
An ecological balance where natural resources are preserved for future generations while maintaining current economic and societal needs.
Healthcare Providers
Organizations that provide medical services, treatments, and health education to patients.
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