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On October 1, 2024, Ogneva Corporation loans one of its employees $41,200 and accepts a 12-month, 9% note recelvable Required: Record (a) lending of $41,200

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On October 1, 2024, Ogneva Corporation loans one of its employees $41,200 and accepts a 12-month, 9% note recelvable Required: Record (a) lending of $41,200 cash to an employee on October 1, 2024, (b) the adjusting entry for interest on December 31,2024 , and (c) collection of cash for the note and interest on October 1, 2025. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account fleld.) Journal entry worksheet 3 Record the lending of $41,200 cash to an employee. Hotei Listar debuts belnes ereditar

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