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On July 1, Shady Creek Resort borrowed $410,000 cash by signing a 10-year, 10% Installment note requiring equal payments each June 30 of $66.726 What

On July 1, Shady Creek Resort borrowed $410,000 cash by signing a 10-year, 10% Installment note requiring equal payments each June 30 of $66.726 What is the Journal entry to record the first annual payment

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