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Question 2 Romez Limited borrowed $68,640 from National bank on July 1 for three months; 5% interest is payable the first of each month, starting

Question 2 Romez Limited borrowed $68,640 from National bank on July 1 for three months; 5% interest is payable the first of each month, starting August 1 Rome's year end is August 31 and the company records adjusting entries only at that time

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