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Martin and Associates borrowed $ 5,000 on April 1, 2013 at 8% interest with both principal and interest due on March 31, 2014 How much

Martin and Associates borrowed $ 5,000 on April 1, 2013 at 8% interest with both principal and interest due on March 31, 2014 How much should be in the firm's interest payable account at December 31, 2013? $300 $400 $0 $333

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