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ito Company borrowed $28.000 with 7% interest on October 1, 2021. This full amount borrowed plus interest is due on September 30, 2022 Record the

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ito Company borrowed $28.000 with 7% interest on October 1, 2021. This full amount borrowed plus interest is due on September 30, 2022 Record the adjusting entry on December 31, 2021. (Do not round your intermediate calculations. If no entry is required for transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet

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