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Wisconsin Bank lends Local Furniture Company $90,000 on November 1. Local Furniture Company signs a $90,000, 3%, 4-month note. The fiscal year end of Local
Wisconsin Bank lends Local Furniture Company $90,000 on November 1. Local Furniture Company signs a $90,000, 3%, 4-month note. The fiscal year end of Local Furniture Company is December 31. The journal entry made by Local Furniture Company on December 31 is
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