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9 Required information Part 2 of 2 [The following information applies to the questions displayed below.) On January 1, MM Company borrows $250,000 cash from
9 Required information Part 2 of 2 [The following information applies to the questions displayed below.) On January 1, MM Company borrows $250,000 cash from a bank and in return signs an 4% installment note for five annual payments of $56,157 each. 0.5 points Analyze transactions involving issuance of the note and its first annual payment, by showing their effects on the accounting equation, specifically, identify the accounts and amounts (including + or -) for each transaction. eBook Date Assets Liabilities Equity + Print January 1 December 31 References o
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