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On September 1 Sky Mountain Co borrowed $64,000 on a 6% 0 month note payable to Coast Nations Bank Given no previous adjusting entries have
On September 1 Sky Mountain Co borrowed $64,000 on a 6% 0 month note payable to Coast Nations Bank Given no previous adjusting entries have been recorded Sky Mountais ajusting entry four months later December 31 would include a Mutiple Chaka debt to inne Fee of $285 debt to Exp$000 testExp $3.40 dette Expense of $2.880
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