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Coffey County Bank agrees to lend Bailey Brick Company $100,000 on January 1. Bailey Brick Company signs a $100,000, 8%, 9-month note. 1.) The entry

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Coffey County Bank agrees to lend Bailey Brick Company $100,000 on January 1. Bailey Brick Company signs a $100,000, 8%, 9-month note. 1.) The entry made by Bailey Brick Company on January 1 to record the proceeds and issuance of the note is 2.) What is the adjusting entry required if Bailey Brick Company prepares financial statements on June 30 3.) What entry will Bailey Brick Company make to pay off the note and interest at maturity assuming that interest has been accrued to September 30

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