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On April 1, Pronghorn Corporation borrows $186,000 from Rigor Bank by signing an 8 -month, 3%, bank loan. Interest is due at maturity. Prepare the

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On April 1, Pronghorn Corporation borrows $186,000 from Rigor Bank by signing an 8 -month, 3\%, bank loan. Interest is due at maturity. Prepare the entries listed below associated with the bank loan on the books of Pronghorn Corporation. Its year end is June 30. The entry on April 1 when the loan was received. (If no entry is required, select "No entry" for the account tities and enter of for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually List debit entry before credit entry) Any adjusting entries necessary on June 30. Assume no other interest accrual entries have been made. (If no entry is required, select "No entry" for the account tities and enter O for the amounts. Credit account titles are outomatically indented when amount is entered, Do not indent manually. List debitentry before credit entry.) The entry to record repayment of the loan at maturity. Assume no other interest accrual entries have been made. (If no entry is required, select "No entry" for the occount tities and enter O for the anounts. Credit occount tities are outomatically indented when amount is entered. Do not indent manugilly. List debit entry before credit entry] The entry to record repayment of the loan at maturity. Assume no other interest accrual entries have been made. IIf no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit account titles are outomatically indented when amount is entered. Do not indent manually. List debit entry before credit entry)

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