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Chico Company Borrowed $40,000 on a Four-Year,8% Installment Note

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Chico Company borrowed $40,000 on a four-year,8% installment note.Chico will record the issuance of this note with the following entry:
Chico Company borrowed $40,000 on a four-year,8% installment note.Chico will record the issuance of this note with the following entry: Chico Company borrowed $40,000 on a four-year,8% installment note.Chico will record the issuance of this note with the following entry: Chico Company borrowed $40,000 on a four-year,8% installment note.Chico will record the issuance of this note with the following entry: Chico Company borrowed $40,000 on a four-year,8% installment note.Chico will record the issuance of this note with the following entry:

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