Record the adjusting entry on december

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Question - A company lends $51,000 with 9% interest on May 1, 2018. This amount plus interest is due on April 30, 2019.

Record the adjusting entry on December 31, 2018.

Date

General Journal

Debit

Credit

December 31, 2018

Utilities expense

 

 

 

Depreciation expense

 

 

Reference no: EM131567911

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