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20. On December 11, 2019, Red gave a $60,000, 60-day, 9% note to Cardinal in payment of an account. On December 31, 2019, cardinal should

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20. On December 11, 2019, Red gave a $60,000, 60-day, 9% note to Cardinal in payment of an account. On December 31, 2019, cardinal should record: A) $300 interest income B) $300 interest expense C) $900 interest income D) $900 interest expense

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