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On October 1 , Swifty's Carpet Servike borrows $355000 from First National Bank on a 3-month, $355000,9% note. What entry must Swifty's Carpet Service make

On October 1 , Swifty's Carpet Servike borrows $355000 from First National Bank on a 3-month, $355000,9% note. What entry must Swifty's Carpet Service make on December 31 before financial statements are prepared

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