Question: 1 On Febnury 1 , borrowed $ 1 2 , 0 0 0 fiem a bank and signed a note. Fincipal and ristrest at sots

1 On Febnury 1, borrowed $12,000 fiem a bank and signed a note. Fincipal and ristrest at sots wall be paid on January 31,2028.
3. On Jaly 17, purchased supples colting $2.800 on account. At the year end on December 31.2028, supplies costing $1,250 temained on hand.
4. On November 1, the company lent $6,000 to one of rs engloyees and accepted a note from the employee agreeing to pary back the princpal and 8Kinterest on Apri 30,2028.
Required:
Record each wamacion in general journal form
Prepare any necessary adviting entres at the year end on becreber 3.2027 has apsting entries were recorded during the year for anyillem.
1 On Febnury 1 , borrowed $ 1 2 , 0 0 0 fiem a

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