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A company lends its supplier $171,000 for 3 years at a 9% annual interest rate. Interest payments are to be made twice a year. The
A company lends its supplier $171,000 for 3 years at a 9% annual interest rate. Interest payments are to be made twice a year. The entry to record the establishment of the loan includes a debit to:
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Financial Accounting For Executives And MBAs
Authors: Wallace, Simko, Ferris
4th Edition
1618531980, 9781618531988
