Question: Please explain how you got the answer. Moss County Bank agrees to lend the Allenson Brick Company $200,000 on January 1. Allenson Brick Company signs

Please explain how you got the answer.

Moss County Bank agrees to lend the Allenson Brick Company $200,000 on January 1. Allenson Brick Company signs a $200,000,6%,9-month note. 21. What is the adjusting entry required if Allenson Brick Company prepares financial statements on . June 30

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