=+Feb. 14. Issued a 60-day, 6% note for $220,000 to Hood Co., on account. Apr. 15. Paid
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=+Feb. 14. Issued a 60-day, 6% note for $220,000 to Hood Co., on account.
Apr. 15. Paid Hood Co. the amount owed on the note of February 14.
June 2. Borrowed $187,500 from Acme Bank, issuing a 60-day, 8% note.
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