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A company issues a $200,000, 6%, 6-month note. It is due on October 1. The company uses a December 31 year-end. It always records its

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A company issues a $200,000, 6%, 6-month note. It is due on October 1. The company uses a December 31 year-end. It always records its year-end adjusting entries properly. What entry will the company record on March 31 when the note matures? 206,000 Notes Payable Cash 206,000 6,000 Interest Expense. Notes Payable... Cash 200,000 206,000 None of these 200,000 Notes Payable Interest Payable 6,000 Cash 206,000 3,000 Interest Payable..... Notes Payable....... Interest Expense........ 200,000 3.000 Cash 206,000

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