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steve's bar bq borrowed $ 10,000 to start the business on october 1 2015 The interest and principal were to be paid in march 2016

steve's bar bq borrowed $ 10,000 to start the business on october 1 2015

The interest and principal were to be paid in march 2016 the interest rate is 7% annually.

what entry was made at the end of the year -december 31,2015?

make the entry in proper form

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