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A company issues a 9%,90 day Note Payable for $472,000 on July 20 th, 2016 , in exchange of money borrowed from a bank. If

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A company issues a 9%,90 day Note Payable for $472,000 on July 20 th, 2016 , in exchange of money borrowed from a bank. If the company's acounting period ends on September 30, 2016, the journal entry prepared by the company to record the payment of the note at maturity will include a: 1) debit to interest expense for $2,124 2) debit to interest payable for $8,378 3) debit to interest expense for $2,242 4) credit to interest payable for $10.620

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