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Question 2 (Accrued Revenue) A 10% 5-year term loan of $500,000 was lent to Tom Dot Company two years ago on 1 April 2006 with

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Question 2 (Accrued Revenue) A 10\% 5-year term loan of $500,000 was lent to Tom Dot Company two years ago on 1 April 2006 with half-year interest receivable at the end of September and March of every year. (i) Show the adjusting entry for the year ended on 31 December 2008

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