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Amilcar Co went to the bank to borrow $20,000, and the bank gave him a cash of $18,200 on March 1, 2021, for a date

Amilcar Co went to the bank to borrow $20,000, and the bank gave him a cash of $18,200 on March 1, 2021, for a date of 11 months. You must record the following transactions. Mar 1, 2020 when the bank delivered the loan, adjustment entry to December 2021 and the entry of the loan payment at 11 months of maturity.

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