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Exam 3 Problem 5 Keesha Co. Borrows $120,000 on November 12017 by signing a 90-day, 9% note with a face value of $120,000 Prepare journal

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Exam 3 Problem 5 Keesha Co. Borrows $120,000 on November 12017 by signing a 90-day, 9% note with a face value of $120,000 Prepare journal entries to: 1. Record the note when issued 2. Adjusting entry on 12/31/17 3. Payoff of the note on maturity date

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