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uring 2020 Aldo Company entered into the following transactions elated to current liabilities. Date Apr 1 Nov 1 Transaction description Borrowed $800 from Gamma Co.
uring 2020 Aldo Company entered into the following transactions elated to current liabilities. Date Apr 1 Nov 1 Transaction description Borrowed $800 from Gamma Co. by signing a 12-month, 8% note. Received an advance payment of $900 from Customer X for a service to be performed in three month 2/3 of the service for Customer X was performed. Prepared adjusting entry to record interest for note issued to Gamma Co. Dec 31 Dec 31 .equired: repare the journal entries for the above transactions DATE ACCOUNT TITLES DEBIT CREDIT pr. 1 $ $ DATE ACCOUNT TITLES DEBIT CREDIT fov. 1 $ DATE ACCOUNT TITLES DEBIT CREDIT ec. 31 $ $ DATE ACCOUNT TITLES DEBIT CREDIT Dec. 31 DATE ACCOUNT TITLES DEBIT CREDIT Dec. 31
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