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Able Company owes interest on a note for a loan. The note is dated December 1 and is due on February 1. On December 31,
Able Company owes interest on a note for a loan. The note is dated December 1 and is due on February 1. On December 31, interest expense should be accrued for the following period: Multiple choice question. January 1 to February 1 no interest should be accrued December 1 to February 1 December 1 to December 31
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