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Sea Bank agrees to lend Red Brick Company $250,000 on January 1, Red Bnck Company signs a $250,000, 6%, 9-month note. Red Brick Company has

Sea Bank agrees to lend Red Brick Company $250,000 on January 1, Red Bnck Company signs a $250,000, 6%, 9-month note. Red Brick Company has a June 30th year end. Prepare the journal entries for the: a) issuance of the note b) adjusting entry

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