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Question 6 of 9 On July 1 , 2 0 2 3 , Prohaska Ltd signed a 9 0 , 0 0 0 , one

Question 6 of 9
On July 1,2023, Prohaska Ltd signed a 90,000, one-year, 7 percent note payable. The principal and interest will be paid on June 30,2024. What is the journal entry for interest to be recorded on December 31,2023? Assume no other journal entry has been made for interest.
Account
Debit
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No Journal Entry Required
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