Question: On September 1 , 2 0 2 5 , Hare Today pet - supply store Co . borrowed $ 1 0 0 0 from Gone
On September Hare Today petsupply store Co borrowed $ from Gone Tomorrow Bank, signing a month, percent note. Interest is to be paid at maturity. Hare Today and
Gone Tomorrow both have a December yearend.
Part I: Record the journal entry for the transaction for Hare Today, the borrower, on September If more than one debit or credit is needed, place them in alphabetical order based
on the account names. Round final answers to the second decimal place.
Part : Prepare the appropriate adjusting entry, if needed, for Hare Today on December If more than one debit or credit is needed, place them in alphabetical order based on the
account names. Round final answers to the second decimal place.
Part : Record the entry at maturity to repay the note at maturity on March If more than one debit or credit is needed, place them in alphabetical order based on the account names.
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