Question: nsert Design A A E . Source Sans... - 11 A- A BI U abe X, X? A. A. A A. Styles 7 Review Question

nsert Design A A E . Source Sans... - 11 A- A BI U abe X, X? A. A. A A. Styles 7 Review Question Winter 2020 Page 2 Question 2 Hanson Bank agrees to lend $ 250,000 to Mishin Corp. on May 1, 2020 and the company signs as 250,000, the month, 6% note maturing on August 1, 2020 Instructions Prepare the journal entry to record the cash received by Mishin Corp. on May 1, the entry to record interest expense at Mishin's year-end of July 31 and the entry at maturity of the

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