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Lazaro Company bought Inventory on September 1, 2020 worth $450.750 by Issuing a $480,000 noninterest-bearing note due in 9 months. The adjusting entry made by

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Lazaro Company bought Inventory on September 1, 2020 worth $450.750 by Issuing a $480,000 noninterest-bearing note due in 9 months. The adjusting entry made by Lazaro on December 31, 2020 will: Multiple Choice Decrease stockholders' equity by $13,000 Increase carrying value of the notes payable by $9.750 O ooo Decrease carrying value of the notes payable by $13.000 Decrease discount on the notes payable by $9.750

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