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23 On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $69,000. Alan made the appropriate year-end accrual. What
23 On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $69,000. Alan made the appropriate year-end accrual. What is the journal entry as of March 1 to record the payment of the note assuming no reversing entry was made?(Use 360 days a year.)
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