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Jones Company borrowed $25.000 cash on November 1st Year 1 and signed an 18-month 12% interest beating note payable with interest payable at maturity. The

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Jones Company borrowed $25.000 cash on November 1st Year 1 and signed an 18-month 12% interest beating note payable with interest payable at maturity. The amount of accrued interest payable (rounded) that should be shown on the December 31st Year 1 balance sheet is 1 Me Choice O $500 $250 so $2.000 3300

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