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The following transactions took place for Parker's Grocery. a. Jan. 1 Loaned $45,000 to a cashier of the company and received b. June 30 Accrued

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The following transactions took place for Parker's Grocery. a. Jan. 1 Loaned $45,000 to a cashier of the company and received b. June 30 Accrued interest on the note. back a one-year, 8 percent note Received interest on the note. (No interest has been recorded since June 30.) C. Dec. 31 d. Dec. 31 Received principal on the note. Required: Prepare the journal entries that Parker's Grocery would record for the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 2 Record the receipt of a note on January 1 for a $45,000 loan to an employee. Note: Enter debits before credits Date General Journal Debit Credit Jan 01

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