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On November 1, Bahama Cruise Lines borrows $2.6 million and issues a six-month, 6% note payable Interest is payable at maturity. Record the issuance of

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On November 1, Bahama Cruise Lines borrows $2.6 million and issues a six-month, 6% note payable Interest is payable at maturity. Record the issuance of the note and the appropriate adjustment for interest expense at December 3 the end of the reporting period. (If no entry is required for a particular transaction/event, select "N Journal Entry Required" In the first account fleld. Enter your answers in dollars, not in millions (le should be entered as 5,000,000).) View transaction list Journal entry worksheet

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