Synergy Bank loaned $100,000 to David Mann on a 6-month, 8% note. Record the following for Synergy

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Synergy Bank loaned $100,000 to David Mann on a 6-month, 8% note. Record the following for Synergy Bank:
a. Lending the money on March 6.
b. Collecting the principal and interest at maturity. Specify the date.
Explanations are not required.

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Financial Accounting

ISBN: 978-0135012840

7th edition

Authors: Walter T. Harrison, Charles T. Horngren

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Question Posted: Aug 04, 2016 10:21 AM

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Synergy Bank loaned $100,000 to David Mann on a 6-month, 8% note. Record the following for Synergy

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