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QUESTION TO On September 1, 2021, the company lent applier $20,000 and a 6-month note receivable was signed requiring principal and interest and an annual

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QUESTION TO On September 1, 2021, the company lent applier $20,000 and a 6-month note receivable was signed requiring principal and interest and an annual interest rate of 895 to be paid on February 28, 2022 Copy the table below to answer the same format including the question for a.) and b.). a.) Prepare the adjusting entry for 12/3121 Ace Tide Debul Credit b.) Prepare the entry that would be made by the company on February 28, 2022 for the collection of the amount due from the supplier if the company makes reversing entries. Date Account Title Description Debit Credit V Arial V TTF Paragraph DOQ 3 (12pt) LET T TS 1 re and Submit to save and submit. Click Save All Answers to save all answers

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