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Mima signed a $200,000, interest-bearing note payable. It was for two years and specified 6 percent annual interest payable at the maturity date of the
Mima signed a $200,000, interest-bearing note payable. It was for two years and specified 6 percent annual interest payable at the maturity date of the note. Indicate the account title to be debited by $200,000. Acct Payable Cash Long-term Note Payable Short-term Note Payable None Indicate the account title to be credited. Acct Payable Cash Long-term Note Payable Short-term Note Payable None
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