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The following are selected transactions of Andreu Company. Andreu prepares financial statements quarterly. Instructions (a) Prepare journal entries for the listed transactions and events. (b)
The following are selected transactions of Andreu Company. Andreu prepares financial statements quarterly. Instructions (a) Prepare journal entries for the listed transactions and events. (b) Post to the accounts Notes Payable, Interest Payable, and Interest Expense. (c) Show the balance sheet presentation of notes and interest payable at December 31. (d) What is total interest expense for the year
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