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Solve Journal entry please! Required information Kn On October 1, Willette Company borrowed $120 000 cash and issued a six-month, 10% promissory note. Interest is

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Solve Journal entry please!
Required information Kn On October 1, Willette Company borrowed $120 000 cash and issued a six-month, 10% promissory note. Interest is payable at maturity. Willette has a calendar year-end and has not yet accrued any interest on the note ge Check 01 Prepare the appropriate adjusting entry dated December 31. (f no entry is required for a transaction/ event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the interest accrued 2 34. 7 f13 Next

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