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Nov. 11 Loaned $20,000 cash to Diaz Insurance Agency, receiving a 90-day, 9% note. Dec. 31 Accrued the interest on the Diaz note. I am
Nov. | 11 | Loaned $20,000 cash to Diaz Insurance Agency, receiving a 90-day, 9% note. |
Dec. | 31 | Accrued the interest on the Diaz note. |
I am so confused about calculating days of month.
please make journal or adjusting entry each day.
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