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Anthony and Kevin borrowed $18,000 on a 7-month, 10% note from Gem State Bank to open their business, Sandhill's Coffee House. The money was borrowed

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Anthony and Kevin borrowed \$18,000 on a 7-month, 10% note from Gem State Bank to open their business, Sandhill's Coffee House. The money was borrowed on June 1, b025, and the note matures January 1,2026. Assuming adjusting entries are maje at the end of each month, determine the balance in the finterest Payable account at December 31, 2025: Balance in interest payable account eTextbook and Media List of Accounts Last saved 2 hours ago. Attempts: 1 of 3 used Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes

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