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Future Tech borrows $ 1 8 , 0 0 0 on August 1 from the bank by signing a $ 1 8 , 0 0
Future Tech borrows $ on August from the bank by signing a $ year note payable. Adjusting entries are made only at the end of the year a Prepare the entry to record the proceeds of the note. List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered Do not indent manually If no entry is required, select No Entryfor the account titles and enter for the amounts.
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