Journalize for Lakeland the lending of the money on June

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Reference no: EM132848845

Question - On June 6, Lakeland Bank & Trust lent $80,000 to Stephan Stow on a 30-day, 9% note.

Requirements -

1. Journalize for Lakeland the lending of the money on June 6.

2. Journalize the collection of the principal and interest at maturity. Specify the date. Round to the nearest dollar.

Reference no: EM132848845

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