Journalize the following entries on the books of the borrower and creditor. Label accordingly. (Assume a 360-day year is used for interest calculations.)
Definitions:
Woman's Picture
Films primarily targeted at a female audience, often focusing on women’s lives, relationships, and challenges.
Home Front
The civilian populace and activities during wartime, particularly those contributing to the war effort from within the country.
Movie Stars
Prominent actors or actresses known for their leading roles in films and significant influence in the entertainment industry.
Early 1940s
A period marked by World War II's impact on society and culture, including significant shifts in the film industry and entertainment.
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