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In early January a corporation issued a year, installment note to purchase a building. Extra credit assignment, De Anza College Nov The note had payments of $ due on January of each year for the next years.
A Prepare the adjusting journal entry to accrue interest at December
B Show the correct accounts and correct amounts and where it will appear on a multiple step income statement for the year ending December
C Show the correct accounts and correct amounts and where they will appear on a classified balance sheet prepared dated December
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