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Great adventures obtains a 39000 low-interest loan for the

Question - Great Adventures obtains a $39,000 low-interest loan for the company from the city council, which has recently passed an initiative encouraging business development related to outdoor activities. The loan is due in three years, and 6% annual interest is due each year on July 31.

Record the insurance expense when six months of insurance has expired.

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Accounting Basics: Great adventures obtains a 39000 low-interest loan for the

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Accounting Basics: Great adventures obtains a 39000 low-interest loan for the

Reference No:- TGS02519337

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