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On June 1,Sheffield Company borrows $90.000 from First Bank on a 6-month, $90.000,8% note Prepare the entry on June 1. (Credit account titles are
On June 1,Sheffield Company borrows $90.000 from First Bank on a 6-month, $90.000,8% note Prepare the entry on June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation June 1 eTextbook and Media List of Accounts Debit Credit Prepare the adjusting entry on June 30 (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation June 30 Debit Credit eTextbook and Media List of Accounts Prepare the entry at maturity (December 11. assuming monthly adjusting entries have been made through November 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for. the amounts.) Date Account Titles and Explanation Dec 1 eTextbook and Media List of Accounts What was the total financing cost interest expense Total financing cou 3 Debit Credit
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