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Module 10 QuiZ FINISH REVIEW E 0 Question 1 of 12 .; I points earned On August 1, Hayes Limited borrowed $40,000 on an annual
Module 10 QuiZ FINISH REVIEW E 0 Question 1 of 12 .; I points earned On August 1, Hayes Limited borrowed $40,000 on an annual state rate of 6%, 97month note payable to Coast National Bank. Given no previous adjusting entries have 1000 been recorded, the interest expense on Hayes Limited's adjusting entry 5 months later at December 31 would be: 3 12,000 X
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