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On September 30, 2016, Regal Bank loaned $92,000 to Kim Warner on a one-year, 6% note. Regal's fiscal year ends on December 31. Journalize all

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On September 30, 2016, Regal Bank loaned $92,000 to Kim Warner on a one-year, 6% note. Regal's fiscal year ends on December 31. Journalize all entries for Regal Bank related to the note for 2016 and 2017. Which party has a a. note receivable? b. note payable? c. interest revenue? d. interest expense? Suppose that Kim Warner defaulted on the note. What entry would Regal record for the dishonored

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