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Question 1 A.( Grades) On November 1, 2020, Sadiq Co, borrowed $400,000 for days 9 by signing a no Asume that the face value of

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Question 1 A.( Grades) On November 1, 2020, Sadiq Co, borrowed $400,000 for days 9 by signing a no Asume that the face value of the note qualipal of the loan Required: (1) The needed adjusting journal miryen 31 1 2020 (2) The journal entry to record the payment of the note al maturity date B (2 Grades) Isa Town Co offers a two-year WETAN on parts of equipment. In 2019 the company sales were $350,000. Bevedomita past experience, the company stated the modely expense equal to 5% of its sales. During 2019, the company wed $7.500 of parts inventory to repair the equipment Required: prepare the journal entry to record ONLY the warranty liability in 2019. (2) How much is the amount of warranty liability on December 31, 2019 For the toolbar, press ALT F10 (PC) or ALT FN. 10 (Mac) 1 os Paragraph Arial 14px TX a HI! A O WORDS POWERED BY THE

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