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How do we record this transaction in myob account

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Question - Obtained a loan of $11,000 from Uncle Oswald (a family relative of Isabella Davis) at a simple interest rate of 10% per year, Cheque No. 162, ID #CR000001. The principal and interest on the loan are payable in six months time. How do we record this transaction in MYOB Account Right Plus?

Reference no: EM132940357

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