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on 9/1/18, Strand Corp borrowed $200,000 from the bank It is a 1-year note (all payments due at the end of 1 year). 6% annual

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on 9/1/18, Strand Corp borrowed $200,000 from the bank It is a 1-year note (all payments due at the end of 1 year). 6% annual interest rate Strand's year-end is December 31st REQUIRED: Using the Balance Sheet Equation, prepare the necessary accounting on: NOTE: show your calculations for credit) ASSETS EQUITY LIABILITIES Accrued Note Interest Payable Payable Stock Retained Earnings Revenues (Expenses) (Divivdends) Cash 9/1/18 12/31/18 9/1/19

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