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Question 1 On June 1, Windsor, Inc. borrows S1DD,500 from First Bank an 6-month, 100,500, 8% note Prepare the entry on June 1. (Credit account
Question 1 On June 1, Windsor, Inc. borrows S1DD,500 from First Bank an 6-month, 100,500, 8% note Prepare the entry on June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manualy.) Date Account Titles and Explanation Debit Credit June 1 Prepare the adjusting entry on June 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 30 Prepare the entry at maturity (December 1), assuming monthly adjusting entries have been made through November 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) titles automa Date Account Titles nd Explanation Debit Dec. 1 What was the total Anancing cost (interest expense)? Total financing cost
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