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Account for interest expense. (LO 1, 2). Sojourn Company purchased equipment on November I, 2010, and gave a three-month, 9% note with a face value

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Account for interest expense. (LO 1, 2). Sojourn Company purchased equipment on November I, 2010, and gave a three-month, 9% note with a face value of $20,000. On maturity, January 31, 2011, the note plus interest will be paid to the bank. Fill in the blanks in the following chart

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