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A company lent 50000 in cash to one of its suppliers, the suppliers signed a 1-year, 12% promissory note with a face value of 50000,

A company lent 50000 in cash to one of its suppliers, the suppliers signed a 1-year, 12% promissory note with a face value of 50000, the notes face value plus interest is due on 12/1/2025.

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