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On October 1 , Swifty's Carpet Service borrows $ 1 5 4 0 0 0 from First District Bank on a 3 - month, $

On October 1, Swifty's Carpet Service borrows $154000 from First District Bank on a 3-month, $154000,7% note. What entry must
Swifty's Carpet Service make on December 31 before financial statements are prepared?
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