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Answer: Practice Question 10 Buttner Company borrows $88,500 on September 1, 2017, from Harrington State Bank by signing an $88,500, 12%, one-year note. How much

Answer: Practice Question 10 Buttner Company borrows $88,500 on September 1, 2017, from Harrington State Bank by signing an $88,500, 12%, one-year note. How much is accrued interest at December 31, 2017? 83,500 y a. $2,655 b. $3,540 c. $4,425 d. $10,620

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