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tha borth 5. On October 1, 2020, Caleb Company loaned $200,000 to a supplier and recorded an increase to Note * Receivable and decrease to

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tha borth 5. On October 1, 2020, Caleb Company loaned $200,000 to a supplier and recorded an increase to Note * Receivable and decrease to Cash of $200,000. The note receivable required principal and interest at 8% to be paid on October 1, 2021. Prepare the necessary adjusting entry required by Caleb Company before issuing nancial statements as of December 31, 2020 (their fiscal year end). yooo Idee Renn Cooh Int Rea

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