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2. Prepare the journal entry to record interest on December 31, 2016, using the effective interest method. view transaction list view general journal Journal Entry

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2. Prepare the journal entry to record interest on December 31, 2016, using the effective interest method. view transaction list view general journal Journal Entry Worksheet Record the entry to interest on December 31, 2016, using the effective interest method. Debit credit General Journal Date December 31, 2016 .Enter debits before credits clear entry Record entry

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