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ABC Company borrowed $150,000 on November 1 of the current year for 90 days by signing a note. The face value of the note is

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ABC Company borrowed $150,000 on November 1 of the current year for 90 days by signing a note. The face value of the note is $153,375. The adjusting entry to accrue $2,250 worth of interest on December 31 of the current year includes O a credit to Discount on Note Payable for $2,250. a debit to Discount on Note Payable for $2,250 O None of the answers are correct. O a debit to Interest revenue for $2,250

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