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1 pts On April 12, Indigo Inc. signs a 60-day, 10%, $4,500 note with their supplier Hong Company to extend their past due accounts payable.
1 pts On April 12, Indigo Inc. signs a 60-day, 10%, $4,500 note with their supplier Hong Company to extend their past due accounts payable. What is the journal entry Indigo needs to record the transaction? Notes Payable 4,500 Accounts Receivable 4,500 Accounts Payable Notes Payable 4,500 4,500 Notes Payable 4,500 Interest Expense 75 Accounts Payable 4,575 Accounts Payable 4,500 Interest Expense 75 Notes Payable 4,500 Notes Payable 4,500 4,500 Accounts Payable
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