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Wisconsin Bank lends local furniture company 90,000 on November 1. Local Furniture Company signs a 90,000, 6%, 4 - month note. The fiscal year end of Local Furniture Company is December 31. The journal entry made by Local Furniture Company on December 31 is:
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Wisconsin Bank lends local furniture company 90,000 on November 1. Local Furniture Company signs a 9...
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