during the year calabash clinic made a 50000 cash
During the year, Calabash Clinic made a $50,000 cash payment toward its bank loan which it had previously recorded; $40,000 was for principal, and $10,000 was to pay the full amount of interest due. How should this transaction be recorded.
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during the year calabash clinic made a 50000 cash payment toward its bank loan which it had previously recorded 40000 was for principal and 10000 was
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