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thanks for helping A local company has just approached a venture capitalist for financing to develop a ski hill. On April 1, 2021, the venture

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A local company has just approached a venture capitalist for financing to develop a ski hill. On April 1, 2021, the venture capitalist lent the company $955,200 at an interest rate of 6%. The loan is repayable over four years in fixed principal payments. The first payment is due March 31, 2022. The ski hill operator's year end will be December 31.Record the accrual of interest on December 31, 2022, and the instalment payment on March 3 1, 2023. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. if no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31, ' 2022 Interest Expense (To accrue interest expense.) \"a\" 31' S 2023 Notes Payable Interest Expense ' Cash

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