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Business, 18.02.2020 00:31 squirt3747

Crane Music Store borrowed $30,600 from the bank signing a 10%, 3-month note on September 1. Principal and interest are payable to the bank on December 1. If the company prepares monthly financial statements, the adjusting entry that the company should make for interest on September 30, would be .

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Crane Music Store borrowed $30,600 from the bank signing a 10%, 3-month note on September 1. Princip...
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