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Please help finish these solutions: Swifty Company borrows ( $ 59,400 ) on July 1 from the bank by signing a ( $ 59,400,12 %

Please help finish these solutions: Swifty Company borrows \( \$ 59,400 \) on July 1 from the bank by signing a \( \$ 59,400,12 \% \), one-year note payable. (a) Prepare the journal entry to record the proceeds of the note. (b) Prepare 2 answers

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