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The Company borrowed $30,000 on October 1st , 2019 on a one year note payable bearing interest at 6%. Record the journal entry to accrue

The Company borrowed $30,000 on October 1st , 2019 on a one year note payable bearing interest at 6%. Record the journal entry to accrue interest at December 31, 2019.

Record the journal entry to accrue interest at December 31, 2019.

Record the journal entry for the loan payment on September 30, 2020.

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