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The company put $8,000 into the CD on February 1, 2007. The CD has a 6% annual rate of interest and an 18 month term

The company put $8,000 into the CD on February 1, 2007. The CD has a 6% annual rate of interest and an 18 month term to maturity. Interest earned during February was already posted at February 28, 2007. Prepare Journal Entry

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