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  • 21-11-2022
  • Business
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joseph and thomas borrowed $21,600 on a 7-month, 5% note from gem state bank to open their business, carla vista coffee house. the money was borrowed on june 1, 2025, and the note matures january 1, 2026. (d) prepare the entry required on january 1, 2026, when the loan is paid back

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