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On December 1, 2017 MP Ltd. borrowed $9000 on a 90-day, 5% note. The year end for the company is December 31, 2017. Write out
On December 1, 2017 MP Ltd. borrowed $9000 on a 90-day, 5% note. The year end for the company is December 31, 2017.\
- Write out the required entries, (if any) for the year end.
- What is the entry required on the maturity date?
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Advanced Management Accounting
Authors: Tom Groot, Frank Selto
1st Edition
0273730185, 978-0273730187
