What entry in the unadjusted trial balance for home loan is

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Interest on the ANZ Bank Mortgage Loan is charged at 7% per annum and is paid annually on 1 August (the interest expense should be rounded up to the nearest dollar). The ANZ Bank Mortgage Loan was originally taken out on the 1 August, 2021.

Problem 1: The entry in the Unadjusted Trial Balance for Home loan is

Reference no: EM132802874

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