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Prepare the adjusting entry for July

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Question - Johnson Inc. borrowed $30,000 at 9% on 180 day note from first national bank on July 10, 2019 using a 365 day year, prepare the adjusting entry for July 31, 2019?

Reference no: EM132894865

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Prepare the adjusting entry for July : Johnson Inc. borrowed $30,000 at 9% on 180 day note from first national bank on July 10, 2019 using a 365 day year, prepare the adjusting entry for July
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