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Dorothy Thomas and Lisa borrowed $19,000 on a 7-month, 6% note from Gem...

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Accounting

Dorothy Thomas and Lisa borrowed $ $19, 000$ on a $7 -$ month, $6 %$ note from Gem State Bank to open their business, Sandhill's Coffee House. The money was borrowed on June $1, 2022,$ and the note matures January $1, 2023 .$

$($ a $) - ($ b $), ($ d $)$

$($ a $)$ Prepare a tabular summary to record the receipt of the funds from the loan.

$($ b $)$ Prepare a tabular summary to accrue the interest on June $30 .$

$($ d $)$ Prepare a tabular summary to record the repayment of the loan on January $1, 2023 .$

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