Find what is journal entry for vingold inc

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Problem 1: Vingold, Inc. immediately borrowed $120,000 on a five-year note with ten percent interest payable annually beginning on January 1, 2020. What is the Journal Entry?

Reference no: EM132826673

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Find what is journal entry for vingold inc : Vingold, Inc. immediately borrowed $120,000 on a five-year note with ten percent interest payable annually beginning on January 1, 2020. What is Journal Entry?
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