On October 1, Sam's Painting Service borrows $100,000 from National Bank on a 3-month, $100,000, 4% note. What entry must Sam's Painting Service make on December 31 before financial statements are prepared? 
Definitions:
Fail To Meet Expectations
The inability to achieve the presumed or desired level of performance or result.
Unethical
Acting in ways that are morally wrong or not adhering to accepted principles of right and wrong behavior.
Rejecting Change
The refusal or resistance to accept modifications or transformations.
Tangible Benefits
Real, measurable advantages or gains resulting from a specific action, decision, or investment.
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