Richland Community College COSC 1436-8460 On November 1, Vacation Desinations borrows $1.5 million

On November 1, Vacation Desinations borrows $1.5 million and points a six-month, eight% be aware payable. Curiosity is payable at maturity. Document the issuance of the be aware and the suitable adjusting entry for curiosity expense at December 31, the tip of the reporting interval.

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