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a. Prepare the adjusting entries for interest at December 31 of Year 1. c. Prepare the adjusting entries for interest at December 31 of Year

image text in transcribed a. Prepare the adjusting entries for interest at December 31 of Year 1. c. Prepare the adjusting entries for interest at December 31 of Year 2. Round answers to nearest dollar. Use 360 days for interest calculations when applicable

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