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Christmas Tree Shops Corporation borrowed $210,000 on October 1 last year. The note carried a 14% interest rate with the principal and interest payable on

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Christmas Tree Shops Corporation borrowed $210,000 on October 1 last year. The note carried a 14% interest rate with the principal and interest payable on May 1 this year. Prepare the journal entry to record the following transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet

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