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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Takemoto Corporation borrowed $60,000 on November 1, 2014, by signing a $61,350, 3-month, zero-interest-bearing note. Prepare Takemoto’s November 1, 2014, entry; the December 31, 2014, annual adjusting entry; and the February 1, 2015, entry. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
| Date | Account Titles and Explanation | Debit | Credit |
| 11/1/14 | |||
| Â | |||
| Â | |||
| 12/31/14 | |||
| Â | |||
| 2/1/15 | |||
| Â | |||
| Â | (To record interest) | Â | Â |
| Â | |||
| Â | |||
| Â | (To pay note) | Â |
Â
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