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On October 1,2021 , CavCo borrows $202,000 on a three-year note that requires the company to pay 10% interest on March 31 and September 30

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On October 1,2021 , CavCo borrows $202,000 on a three-year note that requires the company to pay 10% interest on March 31 and September 30 . On December 31, 2021, the adjusting entry to accrue interest on the note should debit

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