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Business, 05.03.2020 22:43 bangchan

Starr Corporation loaned $600,000 to another corporation on December 1, 2020 and received a 3-month, 8% interest-bearing note with a face value of $600,000. What adjusting entry should Starr make on December 31, 2020?

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Starr Corporation loaned $600,000 to another corporation on December 1, 2020 and received a 3-month,...
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