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On December 31, 2019. ABC Corporation obtained a 530.000 loan from a bank. The loan has an annual interest rate. The loan principal and all

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On December 31, 2019. ABC Corporation obtained a 530.000 loan from a bank. The loan has an annual interest rate. The loan principal and all interest must be repaid on December 31, 2010. 1. Show the journal entry ABC should record on December 31, 2019 2. Briefly explain whether and how ABC Sanuary 2020 balance sheet will change compared to December 2010, including any required calculations. For the toolbar, press ALTF10 (PC) OF ALTFNF10(Mac) BIUS Paragraph Arial 14px EE 21 O

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