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Edmond Company issued a $7 500, 1 year, 4% note to Sue Forest on June 1st. It is now December 31st and Edmond Company is

Edmond Company issued a $7 500, 1 year, 4% note to Sue Forest on June 1st. It is now December 31st and Edmond Company is preparing the year-end adjusting entries. Record the required transaction for Sue Forest's note.

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