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5 To attract retailers to its shopping center, the Marketplace Mall will lend money to tenants under formal contracts, provided that they use it to
5 To attract retailers to its shopping center, the Marketplace Mall will lend money to tenants under formal contracts, provided that they use it to renovate their store space on November 1, 2017, the company loaned $84,000 to a new tenant on a one year note with a stated annual interest rate of 8 percent Interest is to be received by Marketplace Mall on April 30, 2018, and at maturity on October 31 2018 Required: Prepare journal entries that Marketplace Mall would record deated 2018 and any October 31, 2018. (If no entry is required for a to this on a) D) transaction event, select "No Journal Entry Required" in the first account field.) Book View transaction list Min Journal entry worksheet 4 5 > Record the receipt of a note on November 1, 2017 for a $84,000 loan to a new tenant Notes Enter debes before credits Date Nov 01 2017 General Journal Debit Credit Record entry Clear entry View general Journal
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