Question: 1 2 3 0 A Moving to another question will Question 9 On June 1, Ava, Inc. borrowed $400,000 cash from Broadway Bank under a

 1 2 3 0 A Moving to another question will Question

1 2 3 0 A Moving to another question will Question 9 On June 1, Ava, Inc. borrowed $400,000 cash from Broadway Bank under a nine month noninterest-being nets, with a counter stopt maturity a. (2 pts) If Ava makes an adjustment for the June monthly financials, what you mal entry will be recorded? Prepare the entry into b. (2 pt) After Ava records the adjustment, what is the remaining liability on the note? Give the aww and show how you want c. (2 pt) What is the effective interest rate on the note? Give the answer and show your calculation For the toolbar, press ALT+F10 (PC) or ALTHAN F10 Mac). I us Paragraph Arial 14px E A IXOS BP + 11 12 x x MacBook Air . ODO 000 80 0 * & 8 7 $ 4 % 5 # 3 6 2 Y R T E w

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