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On November 1, Year 1, a company borrows $46,000 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 $46,000 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.) 1:11:07 View transaction list Book Journal entry worksheet

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