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Using the same information in Question 12 but please assume Frontier gave the loan on September 1, 2023. What is the journal entry necessary
Using the same information in Question 12 but please assume Frontier gave the loan on September 1, 2023. What is the journal entry necessary journal entry on December 31, 2023 to account for the accrual of interest? What is the journal entry Frontier LLC will enter on February 29, 2024 to account for the payment of the note receivable?
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