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EXERCISE 1: Company ABC, S.A, took a loan of $300,000.00 from Bank X, on April 1, 2017, at 20% annual interest. Such interest is payable
EXERCISE 1: Company ABC, S.A, took a loan of $300,000.00 from Bank X, on April 1, 2017, at 20% annual interest. Such interest is payable every three months. The loan will be saved at the end of the third year
Required: Make the corresponding entries
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