Prepare the adjusting entry at december
Problem
On September 1, 2021, the company borrowed $19,000 from a local bank and signed a note. Principal and interest at 9% will be paid on August 31, 2022. Prepare the adjusting entry at December 31.
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On September 1, 2021, the company borrowed $19,000 from a local bank and signed a note. Prepare the adjusting entry at December 31.
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