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14 Moving to another question will save this response. Question 19 Note Payable of $6,000 represents a loan that was taken on June 1,
14 Moving to another question will save this response. Question 19 Note Payable of $6,000 represents a loan that was taken on June 1, 2019 at a yearly interest rate of 10%. The adjusting entry required on July 31st, 2019 will be: O Cash $200, credit Note Payable $200 Debit cash $6,000, credit Note Payable $6,000 Debit interest expense $150, credit Interest payable $150 Debit Interest Expense $100, credit Interest Payable $100 Moving to another question will save this response. AM 05002
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