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a On October 1, 2025, Conway, Inc. borrowed $220,000 by signing a nine-month, 10% note payable. Interest was accrued on December 31, 2025. What is

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a On October 1, 2025, Conway, Inc. borrowed $220,000 by signing a nine-month, 10% note payable. Interest was accrued on December 31, 2025. What is the journal entry on July 1, 2026, the date the note was paid? 220,000 11,000 5500 236,500 220,000 Notes A) Payable Interest Expense Interest Payable Cash B) Notes Payable Interest Payable Cash Notes Payable Interest Payable Interest Expense Cash 16,500 236,500 220,000 11,000 5500 236,500 220,000 D) Notes Payable Interest Expense Cash 16,500 236,500

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