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On November 1, Year 1, a company borrows $44.000 cash from Community Savings and Loan. The company signs a three-month, 6% note payable. Interest is

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On November 1, Year 1, a company borrows $44.000 cash from Community Savings and Loan. The company signs a three-month, 6% note payable. Interest is payable at maturity. The company's year-end Is December 31 Required: 1.-3. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the issuance of note. Note: Enter debits before credits General Journal Dobit Credit Date November 01 On November 1, Year 1, a company borrows $44,000 cash from Community Savings and Loan. The c note payable. Interest is payable at maturity. The company's year-end is December 31. Required: 1.-3. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry for interest. Note: Enter debits before credits. Date General Journal Debit Credit December 31 On November 1, Year 1, a company borrows $44.000 cash from Community Savings and Loan. The company signs a three-month, 6% note payable. Interest is payable at maturity. The company's year-end is December 31 Required: 1.-3. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet

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