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a 3. Bunyan Axe Inc. borrowed $600,000 on a 5% one-year, interest bearing note dated September 1, 2021. The annual accounting period ends on December

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a 3. Bunyan Axe Inc. borrowed $600,000 on a 5% one-year, interest bearing note dated September 1, 2021. The annual accounting period ends on December 31. Assume that adjusting entries are only made at December 31, the company's fiscal year end. In good form, give the journal entries for: A. September 1, 2021. B. December 31, 2021

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