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On November 1, 2016, Carlisle Co. borrowed $50,000 on an 8%, 5-month note from ABC Bank. All principal and interest are due at maturity. Carlisle
On November 1, 2016, Carlisle Co. borrowed $50,000 on an 8%, 5-month note from ABC Bank. All principal and interest are due at maturity. Carlisle makes journal entries quarterly. Show the journal entry that Carlisle would make on each date: PLEASE SHOW THE WORK
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