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A company lends $54,000 with 9% interest on May 1, 2024. This amount plus interest is due on April 30, 2025. Record the adjusting
A company lends $54,000 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 Clear entry Record entry View general journal
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappetta
22nd edition
9781259566905, 978-0-07-76328, 77862279, 1259566900, 0-07-763289-3, 978-0077862275
