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Cling-on Ltd. sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. On July 1,Your answer is partially correct. Record the above transactions. (Post entries in the order presented in the problem statemenPlease show how you calculate the number for the december 31 entry

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Answer #1

Accrued Interest Calculation Particulars Amount Rate of Interest p.a Interest for 1 month = Amount x Rate%/12 51 Black Diamon

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