Question: Exercise 10-3 (Part Level Submission) On June 1, Merando borrows $60,000 from First Bank on a six-month, $60,000, 6% note. Prepare the entry on June

Exercise 10-3 (Part Level Submission) On June 1, Merando borrows $60,000 from First Bank on a six-month, $60,000, 6% note. Prepare the entry on June 1. (Credit account titles are automatically indented when the amount is entered. Do not indent account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit June 1 (Borrowed cash and signed a note.) By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. At

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