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ASAP Bodie Company borrowed $70,000 on January 1, 2018, and signed a five-year, 7% instant not to be paid in five equal payments of $17.072
ASAP
Bodie Company borrowed $70,000 on January 1, 2018, and signed a five-year, 7% instant not to be paid in five equal payments of $17.072 the end of each year Prepare the joumal entries for 2018 and 2019. Include full comes and amount withe journal entry in the proper journal entry format (Label your Drand on modern hou coutated the amounts used in the journal entries below the journal entries Round the numbers ted in your journals to whole numbers a. Joumal ontries for 2018 b. Joumal entries for 2019 c. Explanation of the amounts used For the toolbar, press ALT-F10 ( Por ALT EN F10 Mac Step by Step Solution
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