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Blatt corporation loaned 60,000 to Panda company on 11/1/19 and received a 6 month 8 % interest-bearing note with a face value of 60,000. What

Blatt corporation loaned 60,000 to Panda company on 11/1/19 and received a 6 month 8 % interest-bearing note with a face value of 60,000.

What adjusting entry should be made by Panda at 12/31/19?

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