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  3. company a and company b each borrow $2,400 from th

Company A and Company B each borrow $2,400 from the bank. Company A signed a...

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Accounting

Company A and Company B each borrow $2,400 from the bank. Company A signed a 90-day, 10% note. Company B signed a 120-day, 9% note. How will each of these companies record these events in their respective general journals on the day the money was borrowed?

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