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For reference only For reference only For reference only Question 1 (of Question (or value. 10.00 points QS 9-4 Interest-bearing note transactions LOP1 On November
For reference only For reference only For reference only Question 1 (of Question (or value. 10.00 points QS 9-4 Interest-bearing note transactions LOP1 On November 7, 2015, Mura Company borrows $160,000 cash by signing a 90-day, 8% note payable with a face value of $160,000. (Use 360 days a year. Do not round your intermediate calculations.) 1. Compute the accrued interest payable on December 31, 2015. Principal x Rate x Time I Interest Total through maturity Year end interest accrual Interest recognized February 5
For reference only
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