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On huly 2, 2024, Eramble timited recelved an 18 -month loan for $419,000 from a bank at 6 k and with theie funds and another (a) amounte) The accrual of interest at framble's year end, December 31, 2024 and 2025 , assuming adjusting entries are fecorded annually Payment of the interest on the bank loan on January 1, 2025. (Credit account titles are automotically indented when amount is enter 0 for the amounts)