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On October 1, Deja Brew, Inc., lent $900 on a 9-month, 12% note with interest and principal due on July 1. Record the adjusting entry
On October 1, Deja Brew, Inc., lent $900 on a 9-month, 12% note with interest and principal due on July 1. Record the adjusting entry for interest earned for the year ended December 31.
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