On December 1 Maisins Furniture Corporation borrowed $10000 on a 90-day 6% note. Prepare the entries to record the issuance of the note the accrual of interest at year end and the payment of the note.

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The Answer of On December 1 Maisins Furniture Corporation borrowed $10000 on a 90-day 6% note. Prepare the entries to record the issuance of the note the accrual of interest at year end and the payment of the note.

On December 1 Maisins Furniture Corporation Borrowed $10000 on a 90-Day