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On June 1, Lily Company borrows $ 84,000 from First Bank on a 6-month, $ 84,000, 8% note. (a) Prepare the entry on June 1.
On June 1, Lily Company borrows $ 84,000 from First Bank on a 6-month, $ 84,000, 8% note. (a) Prepare the entry on June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 1
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
5th edition
978-1259728877, 1259728870, 978-1259565403
