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Journal entry worksheet On January 1, 2019, Brooks Inc. borrows $90,000 from a bank and signs a 5% installment note requiring four annual payments of
Journal entry worksheet
On January 1, 2019, Brooks Inc. borrows $90,000 from a bank and signs a 5% installment note requiring four annual payments of $25,381.
Complete the necessary journal entryby selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
Journal entry Jan. 1
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