Provide the first journal entry for the issuance of the note

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Question - On april 1, 2015, ardos gardening products borrowed $100,000 on a 15%, 10-year note with annual installment payments of $10,000 plus interest due on april 1 of each succeeding year. Provide the first journal entry for the issuance of the note.

Reference no: EM131633992

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