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On November 1, Bahama Cruise Lines borrows $3.6 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 $3.6 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 31, the end of the reporting period. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in dollars, not in millions.) View transaction list Import a new list 1 Record the issuance of the notes. Record the adjustment for interest. 2 Note:-journal entry has been entered Record entry Clear entry View general journal

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