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Business, 19.03.2020 04:52 sarah5557

Great Adventures obtains a $30,000 low-interest loan for the company from the city council, which has recently passed an initiative encouraging business development related to outdoor activities. The loan is due in three years, and 6% annual interest is due each year on July 31. Record the appropriate journal entry.

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Great Adventures obtains a $30,000 low-interest loan for the company from the city council, which ha...
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