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date. November 5 Paid the amount due on the note to NBR Bank at the maturity date: November 2 8 Borrowed $ 4 2 ,

date.
November 5 Paid the amount due on the note to NBR Bank at the maturity date:
November 28 Borrowed $42,000 cash from Fargo Bank by signing a 60-day, 8%,$42,000 note payable.
December 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank.
Year 2
January 27 Paid the amount due on the note to Fargo Bank at the maturity date.
\table[[Requirement,\table[[General],[Joumal]],\table[[General],[Ledger]],Trial Balangfm,\table[[Schedule of],[Payables]],\table[[Calcula],[Inte]]]]
Enter the principal amount, interest rate, and number of days of interest to be expense agrees with your journal entries and the trial balance.
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