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On July 1, 2024, New Morning Bakery signed a $195,000, 6%, twelve-month note payable with the amount borrowed plus accrued interest due 12 months later
On July 1, 2024, New Morning Bakery signed a $195,000, 6%, twelve-month note payable with the amount borrowed plus accrued interest due 12 months later on June 30, 2025. New Morning Bakery should record which of the following adjusting entries at December 31, 2024
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Advanced Quality Auditing
Authors: Lance B. Coleman
1st Edition
087389913X, 978-0873899130
