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Here are the transactions regarding the hank loan on credit Line and the short-term note payable of the Royal Company for the rst 4 months of the exercise ended December 31. 2G3]: Fehd Purchase of goods from Rona Store at the price of 15 one s plus taxes in mtchange for a hill to pay of 15 D $. The company deposit a check of the amount of 2212.55. The interest rate will he 11 \"it. and matures on June {I}. Pehll The Royal Company negotiate a line of credit of me one i at the rate of 10%. Mar.11 Bank loan by Royal Company 86 000$ on a credit line. Mar.31 Repayment of interest on the bank loan and the interest charges Jun.07 Payment of the bill (to be paid). Jun.20 The owner of the Royal Company decides to negotiate a bank loan (50 000$) from another bank because he wants to obtain a better rate. To do: Record to the general Journal the transaction of the Bank loan and the payable note for the Royal Company ended on December 31, 2020