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On November 1 , 2 0 2 4 , Survival Training Corporation borrows $ 4 6 , 0 0 0 cash from Community Savings and

On November 1,2024, Survival Training Corporation borrows $46,000 cash from Community Savings and Loan. Survival Training signs a three-month, 6% note payable. Interest is payable at maturity. Survivals year-end is December 31. Required:
1. Record the issuance of note.
2. Record the adjusting entry for interest
3. Record the repayment of the note and payment of interest at maturity.
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