On October 1, 2012, Allen Jewelry Company accepted a 4-month, 10% note for $2,400 in settlement of an overdue account receivable. Interest revenue was accrued through December 31, 2012. Allen receives the maturity value of the note (the original principal plus all of the interest)on the due date. What journal entry is needed when the funds are collected?
Definitions:
Caregiver Role Strain
The stress and burden felt by caregivers due to the demands of caring for another person.
Activity Intolerance
A condition where an individual has inadequate physiological or psychological energy to endure or complete required or desired activities.
Compromised Human Dignity
A state where an individual's respect, self-worth, and privacy are not honored or maintained.
Ego-Defense Mechanism
Psychological strategies unconsciously used to protect a person's ego or self-esteem from stress and harmful thoughts or feelings.
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