On December 31, 2019, Ciba Corporation borrowed $85,000 by signing a 4-year, 12% installment note requiring semi-annual

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On December 31, 2019, Ciba Corporation borrowed $85,000 by signing a 4-year, 12% installment note requiring semi-annual payments. The market rate is 12%. What journal entry would record the first paym...

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On December 31, 2019, Ciba Corporation borrowed $85,000 by signing a 4-year, 12% installment note requiring semi-annual

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