Nbspthe interest to be paid on the maturity
On April 1, 2010, Ranee Company borrowed $20,000 from its bank by issuing a 9%, 12 month note, with the interest to be paid on the maturity date.
Prepare journal entries to record the issuance of the note and the related year end adjusting entry.
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on april 1 2010 ranee company borrowed 20000 from its bank by issuing a 9 12 month note with the interest to be paid on
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