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ABC Corporation borrows $100,000 from the bank by issuing a $100,000, 11%, 3-month note. ABC's journal entry to pay the bank on the note's maturity

ABC Corporation borrows $100,000 from the bank by issuing a $100,000, 11%, 3-month note. ABC's journal entry to pay the bank on the note's maturity date includes which of the following?

a.A debit to Interest Expense for $11,000

b.A credit to Notes Payable for $100,000

c.A credit to Interest Revenue for $2,750

d.A credit to Cash for $102,750

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