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Accounts Payable and Notes Payable Logan Company had the following transactions: a. Determine the financial statement effect of the above transactions. Round interest calculations to
Accounts Payable and Notes Payable Logan Company had the following transactions: a. Determine the financial statement effect of the above transactions. Round interest calculations to the nearest dollar. b. Determine the financial statement effect of the interest to be accrued on December 31, Logan Company's year-end. Round answer to the nearest dollar. TIP: If a category is not affected by the transaction, enter 0 or leave the field blank. If the transaction affects two accounts in the same category, enter the positive amount in the first row. Use a 360-day year in interest calculations
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