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A company lends $36,000 with 9% interest on May 1, 2024. This amount plus interest is due on April 30, 2025. Record the adjusting
A company lends $36,000 with 9% interest on May 1, 2024. This amount plus interest is due on April 30, 2025. Record the adjusting entry on December 31, 2024. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) View transaction list Journal entry worksheet < 1 Record the adjusting entry on December 31, 2024. Note: Enter debits before credits. Date December 31, 2024 General Journal Debit Credit Record entry Clear entry View general journal
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
