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The Bronxville Company has a Dec 31st year-end. On Nov 1, 2020, the Bronxville company sold merchandise for $92,000 and accepted a 5%(annual interest rate),

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The Bronxville Company has a Dec 31st year-end. On Nov 1, 2020, the Bronxville company sold merchandise for $92,000 and accepted a 5%(annual interest rate), six-month notes. The note was correctly recorded on Nov 1, 2020. The interest and principal on the note are due on April 30, 2021. Prepare the Bronxville Company Dec 31, 2020 adjusting journal entry in good form related to this

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