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Strand Corp borrowed $100,000 on December 1, 2020 by signing a $101,350, 3-month, zero interest bearing note. Strand is a calendar y/end. REQUIRED: account for

Strand Corp borrowed $100,000 on December 1, 2020 by signing a $101,350, 3-month, zero interest bearing note. Strand is a calendar y/end. REQUIRED: account for the transactions on 12/1/20, 12/31/20 and 2/28/21

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