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Prepare the adjusting entries for interest at December 31 of Year 1. . Prepare the adjusting entries for interest at December 31 of Year 2.

image text in transcribed Prepare the adjusting entries for interest at December 31 of Year 1. . Prepare the adjusting entries for interest at December 31 of Year 2. iound answers to nearest dollar. Use 360 days for interest calculations when applicable

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