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c Wolf Company borrowed $80.000 on an 8% note payable on April 1, 2020. The maturity date of the note (and payment of all interest)
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Wolf Company borrowed $80.000 on an 8% note payable on April 1, 2020. The maturity date of the note (and payment of all interest) is July 1, 2021. The accounting period ends December 31. Assume no adjusting entries are made during the year, Required: Prepare the journal entry fies) for each of the following dates April 1. 2020 December 31, 2020 July 1, 2021 Table View Incl Format Tool Step by Step Solution
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