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On October 1, 2022, Mekhi's Golf Service Limited borrows $80,000 from Rigor Bank by signing a 3-month, $80,000, 4% bank loan.Interest is due the first of each month.
-What adjusting entry is required at December 31, 2022? Use the following information for questions On October 1, 2022, Mekhi's Golf Service Limited borrows $80,000 from Rigor Bank by signing a 3-month, $80,000, 4% bank loan.Interest is due the first of each month. -What adjusting entry is required at December 31, 2022?

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