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help Prepare the appropriate journal entries for each of the following transactions in 2014. (Credit account titles are automatically indented when the amount is entered.
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Prepare the appropriate journal entries for each of the following transactions in 2014. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) 3. On April 1, Way Company borrows $30,000 from Wells Fargo Bank by signing a 5-month, 5%, interest-bearing note. (a) Prepare the entry for Way on April 1 when the note was issued. (b) Prepare any adjusting entries necessary on June 30 for Way in order to prepare the semiannual financial statements. (c) Prepare the entry to record payment of the note by Way at maturity. Date Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Save for Later Attempts: 0 of 1 used SubmitStep by Step Solution
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