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2017 Jul. 1 Purchased equipment costing $26,000 by issuing a one-year, 6% Dec. Jul 1Paid the note payable plus interest at maturity. note payable. 31

2017 Jul. 1 Purchased equipment costing $26,000 by issuing a one-year, 6% Dec. Jul 1Paid the note payable plus interest at maturity. note payable. 31 Accrued interest on the note payable. 2018

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