On spetember 1 2013 the company loaned 60000 to an

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On Spetember 1, 2013, the company loaned $60,000 to an outside party. The loan was at 10 percent per annum and was due in six months; interest is payable at maturity.What is the journal entry? I need to adjust the accounts for December 31, 2013.

Reference no: EM13586628

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