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3. On Oet. 1, Samsung borrowed $48,000 and Issued a $50,000,12-month, zero-interesting bearing note to Orion in payment of account. Prepare the journal entry to

3. On Oet. 1, Samsung borrowed $48,000 and Issued a $50,000,12-month, zero-interesting bearing note to Orion in payment of account. Prepare the journal entry to recognize interest expense on Dec. 31 . ( 10 points)

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