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On June 1, Carla Vista Co. Ltd, borrows $108,000 from Acme Bank on a 6-month, $108,000,4% note. The note matures on December 1. (a) Your

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On June 1, Carla Vista Co. Ltd, borrows $108,000 from Acme Bank on a 6-month, $108,000,4% note. The note matures on December 1. (a) Your answer has been saved. See score details after the due date. What was the total financing cost (interest expense)? Total interest expense Your answer has been saved. See score details after the due date. Prepare the entry at maturity (December 1), assuming monthly adjusting entries have been made through November 30 . (Credit account titles are automotically indented when amount is entered. Do not indent manually

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