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The Hacker Company borrowed $75,000 on October 1, 2020 by signing a $77,500 4-month, zero- interest bearing note. Prepare (on journal paper) Hacker's October 1,
The Hacker Company borrowed $75,000 on October 1, 2020 by signing a $77,500 4-month, zero- interest bearing note. Prepare (on journal paper) Hacker's October 1, 2020 entry; the December 31, 2020 annual adjusting entry and the February 1, 2021 entry
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