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The warehouse hf. granted a loan (bond property) to a customer in the amount of ISK 10,000. The loan was granted for 120 days and

The warehouse hf. granted a loan (bond property) to a customer in the amount of ISK 10,000. The loan was granted for 120 days and bore 9% interest. If we assume that accrued interest (accrued interest) has not been entered during the period, what are the accounting entries on the settlement date of the loan at the Warehouse?

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