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Kingbird County Bank agrees to lend the Ivanhoe Brick Company $ 4 9 2 0 0 0 on January 1 . Ivanhoe Brick signs a

Kingbird County Bank agrees to lend the Ivanhoe Brick Company $

492000

on January

1 .

Ivanhoe Brick signs a $

492000, 6 %, 9 -

month note. What entry will Ivanhoe Brick make to pay off the note and interest at maturity assuming that interest has been accrued to September

30 ?

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