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j QUESTION 4 On September 1, 2018, Mills Company borrowed $157000 cash on a one-year note that required Mills to pay 8 percent interest and

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QUESTION 4 On September 1, 2018, Mills Company borrowed $157000 cash on a one-year note that required Mills to pay 8 percent interest and $157000 principal, both on August 31, 2019 Assuming the note is paid when due in 2019, what is the debit to interest payable when recording the payment of the

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