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What was the total financing cost (interest expense)? Totalinterest expense On June 1, Carla Vista Co. Ltd, borrows $108,000 from Acme Bank on a 6m

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What was the total financing cost (interest expense)? Totalinterest expense On June 1, Carla Vista Co. Ltd, borrows $108,000 from Acme Bank on a 6m onth, $108,000,4% note. The note matures on December 1. (a) (c) Your answer has been saved See score details after the due date. (a) Prepare a tabular summary to record the note issued on June 1. (b) Prepare a tabular summary to record adjustment on June 30 . (c) Prepare a tabular summary to record the repayment at maturity (December 1), assuming monthly adjustments have been Include margin explanations for the changes in revenues and expenses, (ff a tranoction causes a decrease in Assets, Liabilitier or Stockholder' Equity, ploce a negative sam (or parenthese) in front of the amount entered for the particular Asset Liability or Equity item that was reduced] What was the total financing cost (interest expense)

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