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  1. business
  2. accounting
  3. (b) carla corporation's year-end is december 31.

(b) Carla Corporation's year-end is December 31. Assuming that no adjusting entries relative...

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Accounting

(b)
Carla Corporation's year-end is December 31. Assuming that no adjusting entries relative to the transactions above have been
recorded, prepare any adjusting journal entries concerning interest that are necessary to present fair financial statements at
December 31. Assume straight-line amortization of discounts. (If no entry is required, select "No Entry" for the account titles and enter
0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries
in the order presented in the problem.)
No. Account Titles and Explanation
Debit
Credit
image

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