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1. Papa Co. issued a 12% P100,000, one-year, note payable on October 1, 2018. The principal and interest are due on October 1, 2019. This

1. Papa Co. issued a 12% P100,000, one-year, note payable on October 1, 2018. The principal and interest are due on October 1, 2019. This company uses calendar year. How to record the adjusting entries for accrued interest

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