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McGriff Limited borrowed $40,000 on November 1, 2022, by signing a $40,000, three-month, 9% note. McGriff Limited's fiscal year end is December 31. Show the

McGriff Limited borrowed $40,000 on November 1, 2022, by signing a $40,000, three-month, 9% note. McGriff Limited's fiscal year end is December 31. Show the journal entries related to the note.

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