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answer number 5 AND 6!! The company borrowed $100,000 from Wells Fargo and signed a one-year promissory note. How did this note alfect the company's

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The company borrowed $100,000 from Wells Fargo and signed a one-year promissory note. How did this note alfect the company's financial starements the day they borrowed the money? Investing activities increased Net income increasod Assets incressed Stockholders equify increased Question 6 On November 1, Year1, a compary signed a 5100,000,6% sia-month note pyyable with the amount borrowed plin aceried interest due six months later on Moy 1, Year2. The compaity should report interest gayable on Derember 31. 1eint, in the amount of: 40 31.000 12,909 53000

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