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Clark Motor Ltd. faced the following situations. Journalize the adjusting entry needed at December 31, 2014, for each situation. Consider each fact separately. a. The

Clark Motor Ltd. faced the following situations. Journalize the adjusting entry needed at December 31, 2014, for each situation. Consider each fact separately. a. The business has interest expense of $9,000 that it must pay early in January 2015

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