Analyzing and Computing Financial Statement Effects of Loan Interest Huddart Company gave a creditor a...
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Analyzing and Computing Financial Statement Effects of Loan Interest Huddart Company gave a creditor a 90 -day, 6% note payable for $6,000 on December 16 . a. Prepare the journal entry to record the year-end December 31 st accounting adjustment Huddart must make. Note: Round your answers to the nearest whole number. b. Post the journal entries from part a to their respective T-accounts. c. Record the transaction from part a in the financial statement effects template. Mata. Ilea noratiso cienc inith ancisiore ishon snnronriato
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