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CPA Question 07 On September 30, world Co. borrowed $1,000,000 on a 9% note payable. world paid the first of four quarterly payments of $264,200

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CPA Question 07 On September 30, world Co. borrowed $1,000,000 on a 9% note payable. world paid the first of four quarterly payments of $264,200 when due on December 30. In its December 31, balance sheet, what amount should World report as note payable? O $735,800 O $750,000 O $758,300 O $825,800

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