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A note payable was taken out on April 1st for 1471 at 6.1% to be repaid in a lump sum in 36 months. Record the
A note payable was taken out on April 1st for 1471 at 6.1% to be repaid in a lump sum in 36 months. Record the interest for 9 months on the note payable that was taken out on April 1st
Record the journal entry
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