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7. A business borrowed $ 9,000 on October 1, 2020. You signed a promissory note due March 31, 2021. The interest rate is 6% per
7. A business borrowed $ 9,000 on October 1, 2020. You signed a promissory note due March 31, 2021. The interest rate is 6% per year. In the statement of situation of December 31, 2020, the company will present the following current debts with respect to the aforementioned promissory note.
to. $ 9,000 of the promissory note and $ 135 in interest payable b. $ 9,000 of the promissory note and $ 270 in interest payable c. $ 9,000 of the promissory note and $ 540 in interest payable. d. $ 9,000 of the promissory note and $ 0 interest payable.
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