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On September 1, Draper Company borrowed $180,000 from Dixion County Bank on a 6-month, 8% note. question: On December 31, Draper Company accrued interest (assume

On September 1, Draper Company borrowed $180,000 from Dixion County Bank on a 6-month, 8% note.

question: On December 31, Draper Company accrued interest (assume adjusting entries are only made at the end of the year).

how do i Journalize this.

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