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A. On 1 Dec. 2020, ABC Trading Co borrowed $900,000 to 90 days at 5% try wigting en redan poyatlo on the ratio on. Required:
A. On 1 Dec. 2020, ABC Trading Co borrowed $900,000 to 90 days at 5% try wigting en redan poyatlo on the ratio on. Required: (1) Record the adjusting journal or try on 31 Dec 2020 (2) Record the journal entry for the payment of the note at its maturity date. B. Ahmed's Co offers warrant of two years on parts of machines. In 2020 the company of machines for the past, www expense equals to 8% of its dollar sales. During 2020, the company wed 5115 of partis eventory to the main Required: (1) Prepare the journal entry to record ONLY the warranty liability in 2020 (2) How much is the amount of warranty liability on December 31, 2020 For the toolbar, press ALT+F10 (PC) or ALTFN+F10 (Mac). A LX 059 10pt BIUS Paragraph Arial V V DOLL
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