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in November 1, Alan Company signed a 120-day, 9% note payable, with a face value of $18,000. Alan made the appropriate year-end accrual. What is

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in November 1, Alan Company signed a 120-day, 9% note payable, with a face value of $18,000. Alan made the appropriate year-end accrual. What is me journal entry as of March 1 to record the payment of the note assuming no reversing entry was made? (Use 360 days a year.) Multiple Choice Debit Cash $18,270; credit Notes Payable $18,270. Debit Notes Payable $18,000; debit Interest Payable $270, debit Interest Expense $270; credit Cash $18,540. Debit Notes Payable $18,000; debit interest Payable $270; Credit Cash $18.270. Debit Notes Payable $18,540; credit Interest Payable $270; credit Interest Expense $270; credit Cash $18,000. Debit Notes Payable $18,000, debit interest Expense $540; credit Cash $18,540

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