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What would these journal entries be? Sep. 1, 2018: Loaned $18,000 to Tess Parker, an executive with the company, on a one-year, 7% note. Date

image text in transcribedWhat would these journal entries be?

Sep. 1, 2018: Loaned $18,000 to Tess Parker, an executive with the company, on a one-year, 7% note. Date Accounts and Explanation Debit Credit 2018 Sep. 1 Dec. 31, 2018: Accrued interest revenue on the Parker note. Date Accounts and Explanation Debit Credit 2018 Dec. 31

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