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For the information below, prepare in the space provided any adjusting joumal entry necensary to beitig the accounts up to date as of December 31,2020
For the information below, prepare in the space provided any adjusting joumal entry necensary to beitig the accounts up to date as of December 31,2020 , the fiscal year-end of Brady, Inc. If no entry is tequired, write The Note Payable arose from renewing a bank loan on December 1, 2019. The note will be repaid on June 1.2022. Jamaica Inc. pays annual interest of 4.5% on the note. Interest is payable on June 1 and December 1 each year. Jamaica Inc. had made and recorded interest payments since the renewal. information below, prepare in the space provided any adjusting journal entry necessary to bring the
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