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A business issued a 1 2 0 - day, 6 % note for $ 1 0 , 0 0 0 to a creditor on account.
A business issued a day, note for $ to a creditor on account. The company uses a day year for interest calculations. Journalize the entries to record a the issuance of the note and b the payment of the note at maturity, including interest.
If an amount box does not require an entry, leave it blank. When required, round your answers to the nearest dollar.
a
b
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