Business
Business, 15.04.2020 04:02, juansebas35

Miranda Company borrowed $125,000 cash on September 1, 2019, and signed a one-year 5%, interest-bearing note payable. Assume no adjusting entries have been made during the year. Prepare adjusting entry at the end of the December 31, 2019 accounting period.

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Miranda Company borrowed $125,000 cash on September 1, 2019, and signed a one-year 5%, interest-bear...

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