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Ferish County Bank agrees to lend Orion Company $665,000 on January 1. Orion Company signs a $665,000, 6%, 9-month note. What is Orions adjusting entry
Ferish County Bank agrees to lend Orion Company $665,000 on January 1. Orion Company signs a $665,000, 6%, 9-month note. What is Orions adjusting entry if Orion Company prepares financial statements on June 30th, its fiscal year end?
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