[Solved] #12: Spruce Timber Company Year 5 Adjustm

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#12: Spruce Timber Company Year 5 Adjustment for: Loaned $60,000 to the Yoder Company on August 1, Year 5. Terms of the note call for

#12: Spruce Timber Company Year 5 Adjustment for: Loaned $60,000 to the Yoder Company on August 1, Year 5. Terms of the note call for interest to be charged at 6%. The money borrowed and interest must be repaid on August 1, Year 6

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