The chart of accounts for the Miguel Company includes the following: 
Page 3 of the journal contains the following transaction:
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What posting references will be found in the journal entry?
Definitions:
Stated Interest Rate
The interest rate explicitly mentioned in the contract of a debt instrument, not taking into account compounding or any additional fees.
Yield Rate
The return on an investment, expressed as a percentage, accounting for the interest or dividends received from holding the investment.
Face Value
The nominal value or dollar value of a security stated by the issuer, typically referring to the value stated on a coin, banknote, stamp, or bond.
Straight-Line Method
A depreciation method that allocates an asset's cost evenly over its useful life.
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