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On October 1, Blanche, Inc. borrows $50,000 on a 4-month, $50,000, 4% note. Prepare the journal entry that Blanche, Inc. must make on December 31

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On October 1, Blanche, Inc. borrows $50,000 on a 4-month, $50,000, 4% note. Prepare the journal entry that Blanche, Inc. must make on December 31

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