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Mercedes Boats borrowed $100,000 on September 15, 2014, for 45 days at 8% interest by signing a note. 1. On what date will this note

Mercedes Boats borrowed $100,000 on September 15, 2014, for 45 days at 8% interest by signing a note.

1. On what date will this note mature?

2. How much interest expense is created by this note?

3. Prepare the journal entries for September 15, 2014, and the maturity date.

DO NOT COPY FROM CHEGG, OR I HAVE TO REPORT.

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