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0 Question 7 1 pts The maker of a $30,000, 120-day, 14% note failed to pay the note at maturity. To record this fact, the
0 Question 7 1 pts The maker of a $30,000, 120-day, 14% note failed to pay the note at maturity. To record this fact, the maker of the note should prepare a journal entry that includes a: debit to Interest Payable of $1,500. debit to Interest Expense of $1,400. credit to Interest Revenue of $1,400. debit to Interest Receivable of $1,400
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