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Problem 4 (20 Points) Beaches Credit Union agrees to lend Marvin Company $400,000 on January 1. Marvin Company signs a $400,000,6%,6-month note. Instructions Record the

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Problem 4 (20 Points) Beaches Credit Union agrees to lend Marvin Company $400,000 on January 1. Marvin Company signs a $400,000,6%,6-month note. Instructions Record the following using tabular analysis: 1. The proceeds and issuance of the note by Marvin Company on January 1 2. The adjustment required assuming Marvin Company prepares financial statements on March 31 3. Marvin's pay off of the note and interest at maturity on June 30 , assuming that no further interest has been accrued. To create a table, open the table editor as indicated in the image below. (Add rows and columns as needed.)

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