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On June 1, Wildhorse Co. Ltd borrows $80,000 from Acme Bank on a 6-month, $80,000,6% note. The note matures on December 1 . Prepare the

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On June 1, Wildhorse Co. Ltd borrows $80,000 from Acme Bank on a 6-month, $80,000,6% note. The note matures on December 1 . Prepare the entry on June 1 (Credit account tities are automotically indented whes amount is entered. Do not indent monually) Prepare the adjusting entry on June 30. (Credit account tities are autometically indented when amount is entered. Do not indent manuallyj Prepare the entry at maturity (December 1), assuming monthly adjusting entries have been made through November 30 ; (Credit acoount titles are dutomotically indented when amount is entered. Do not indent monuallyd eTextbook and Media What was the total financing cost (interest expense)? Total interest expense $

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