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I need answer A business issued a 120-day, 6% note for $10,000 to a creditor on account. The company uses a 365 -day year for
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A business issued a 120-day, 6% note for $10,000 to a creditor on account. The company uses a 365 -day year for interest calculations. Joumalize the entries to record (a) the isrunnse of the note and (b) the payment of the note at maturity, including interestStep by Step Solution
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