Question: the notes payable was issued on March 1, 2021 and it has an interest rate of 4%. CNC pays interest on this note payable quarterly
the notes payable was issued on March 1, 2021 and it has an interest rate of 4%. CNC pays interest on this note payable quarterly on June 1, Sept 1, Dec 1 and March 1. What is the adjusting journal entry?
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