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Q34? Please help! company made a $50.000 cash loan to another company. 1, the company received $100,000 cash from a one-year cash payments will be

Q34? Please help!

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company made a $50.000 cash loan to another company. 1, the company received $100,000 cash from a one-year cash payments will be collected on the loan until Septemt in is 8%%. No payments are due on the loan until January ig would be included in the journal entry necessary on Sep yould be included in the ADJUSTING journal entry neces Accounts Receivable 5,000 Advertising Expense 1,600 Cash 500 pany paid $ to April 30 Cost of Goods Sold 10,500 on plan for its se ch ONE of the chase 600,000s ber 31 withr the market price Inventory 3,000 remain with Sha come for Year 1, r $1.600 $2,400 PP&E 12,000 $800 tions for Year 1. $1,600 Research Expense 2,000 or $2/400 Sales 25,000 Total Equity 7,500 ed for 25,0 The sale p Id be a part Total Liabilities 13,000 ition for $13. Wage Expense 10,000 Compute RETURN ON EQUITY

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