Record the necessary adjusting entries for kingston


On August 31, 2010, Kingston borrows $60,000 from a local bank. A note is signed with principal and 8% interest to be paid on August 31, 2011.

Record the necessary adjusting entries for Kingston at December 31, 2010. No adjusting entries were made during the year.

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Accounting Basics: Record the necessary adjusting entries for kingston
Reference No:- TGS078977

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