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Need computation Bershire inc. took out a one-year loan at a 5% interest rate to expand his inventory. The instrument payable was signed on November
Need computation Bershire inc. took out a one-year loan at a 5% interest rate to expand his inventory. The instrument payable was signed on November 1, 2020 for an amount of $ 50,000. No posting has yet been made to post interest as of December 31, 2020. Prepare the necessary adjustment posting as of December 31, 2020. Question: Accounts / Debit / Credit
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