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On November 1, 2021, Aviation Training Corp. borrows $52,000 cash from Community Savings and Loan...

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Accounting

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On November 1, 2021, Aviation Training Corp. borrows $52,000 cash from Community Savings and Loan Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviation's year-end is December 31 Required: 1.-3. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet 2 3 Record the issuance of note. Note: Enter debits before credits. General Journal Debit Credit Date November 01, 2021 View transaction list Journal entry worksheet

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