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Put in a general journal: On January 1 , 2 0 2 4 , the business deposited $ 2 8 8 0 0 into a

Put in a general journal: On January

1, 2024,

the business deposited $

28800

into a fixed deposit at ABC Bank. The interest offered was at

6 %

per annum and paid quarterly. The interest on the $

28800

fixed deposit accrued by the end of the month is yet to be recorded. Let me know the right accounts. fixed deposit account is unsuitable.

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