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What Journal Entry Will Backyard Make When Paying Off the Note

Question 58

Multiple Choice

What journal entry will Backyard make when paying off the note and interest at maturity if the company's year-end is June 30? (Hint: Backyard's records were adjusted on June 30) . What journal entry will Backyard make when paying off the note and interest at maturity if the company's year-end is June 30? (Hint: Backyard's records were adjusted on June 30) .   A)  Option A B)  Option B C)  Option C D)  Option D


A) Option A
B) Option B
C) Option C
D) Option D

Correct Answer:

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