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On November 15, 2021, Sequoia Corp. signed a $30,000 four (4) month, 4%-interest bearing note...

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Accounting

On November 15, 2021, Sequoia Corp. signed a $30,000 four (4) month, 4%-interest bearing note payable to Poplar Bank and received $30,000 in cash.

REQUIRED:

1. Prepare the journal entries for Sequoia Corp.s December 31, 2021 year-end and for the payment of the note on March 15, 2022.

Please answer, it's urgent..

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