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B: On 2/6/2007, Al Hilal Company borrowed an amount of $ (60,000) from the Trade Bank of Iraq to be paid at the end of

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B: On 2/6/2007, Al Hilal Company borrowed an amount of $ (60,000) from the Trade Bank of Iraq to be paid at the end of (5) years and at an interest rate of (12%) annually to be paid on 2/6 of each year. Required / Registration of receipt of the loan. And calculating and recording interest for the year 2007

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