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a. b. 6. A company issue a note to a bank to borrow money. They borrowed $10,000 for 4 months (120 days) at 12%.

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a. b. 6. A company issue a note to a bank to borrow money. They borrowed $10,000 for 4 months (120 days) at 12%. a. Prepare the journal entries for the issue of the note and the subsequent payment. b. Using the same information, prepare the same journal entries assuming the note was discounted. Accounts Debit Credit

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