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On March 1, Company Y took loan of $10,000 for 9months term with interest accruing at 5%. Full loan amount plus the interest will be
On March 1, Company Y took loan of $10,000 for 9months term with interest accruing at 5%. Full loan amount plus the interest will be paid at maturity. Prepare the adjusting entry for June 30
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Financial Accounting Theory
Authors: Craig Deegan
3rd Edition
0070277265, 978-0070277267
