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On June 1, Coronado Company borrows $141,000from First Bank on a6-month, $141,000,8% note. Prepare the adjusting entry on June 30. (Credit account titles are automatically

On June 1, Coronado Company borrows $141,000from First Bank on a6-month, $141,000,8% note.

Prepare the adjusting entry on June 30.(Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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