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Required: Record the necessary adjusting entries at December 31, Year 1. for the company for each of the situations. A statements were prepared during the

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Required: Record the necessary adjusting entries at December 31, Year 1. for the company for each of the situations. A statements were prepared during the year and no adjusting entries were recorded. (If no entry is required transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermedia View transaction list Journal entry worksheet 1 2 3 4 5 6 On October 1, Year 1, the company lends $8,300 to another company. The other company signs a note indicating principal and 8% interest will be paid to the company on September 30, Year 2. Record the adjusting entry for interest at its year-end of December 31. Note: Enter debits before credits. General Journal Debit Credit Date December 31 Record entry Clear entry View general journal Required: Record the necessary adjusting entries at December 31, Year 1. for the company for each of the situations. Assume that no financial statements were prepared during the year and no adjusting entries were recorded. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field. Do not round Intermediate calculations. View transaction list Journal entry worksheet

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