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On June 1, Blossom Company Ltd. borrows $60,000 from Acme Bank on a 6-month, $60,000,4%...

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Accounting

On June 1, Blossom Company Ltd. borrows $60,000 from Acme Bank on a 6-month, $60,000,4% note. The note matures on December 1.Prepare the entry at maturity (December Q), assuming monthly adjusting entries have been made through November 30.
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