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Entries for Notes Payables A business issued a 120-day, 5 % note for $90,000 to a creditor on account. Journalize the entries to record (a)

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Entries for Notes Payables A business issued a 120-day, 5 % note for $90,000 to a creditor on account. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity indluding interest. Assume a 360-day year. For a compound transaction, if an amount box does not require an entry, leave it blank

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