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3. What entry will Adcock Brick Company make to pay off the note and interest at maturity assuming that interest has been accrued to
3. What entry will Adcock Brick Company make to pay off the note and interest at maturity assuming that interest has been accrued to September 30? a. Notes Payable....... 212,000 Cash....... b. Notes Payable....... Interest Payable.. Cash....... c. Interest Expense. Notes Payable....... Cash....... 212,000 200,000 12,000 212,000 12,000 200,000 212,000 d. Interest Payable.. 8,000 Notes Payable.... 200,000 Interest Expense.. 4,000 Cash...... 212,000
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