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On March 1, 2021, Bearcat lends an employee $10,500. the employee signs a note requiring principal and interest at 8% to be paid on February
On March 1, 2021, Bearcat lends an employee $10,500. the employee signs a note requiring principal and interest at 8% to be paid on February 28, 2022. Record the adjusting entry for interest at its year-end of December 31. (I need the debit and credit numbers)
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