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Multiple Choice Question 79 Moss County Bank agrees to lend the Sandhill Co. $455000 on January 1. Sandhill Co. signs a S455000, 696, 9-month note,
Multiple Choice Question 79 Moss County Bank agrees to lend the Sandhill Co. $455000 on January 1. Sandhill Co. signs a S455000, 696, 9-month note, what entry will Sandhill Co. make to pay off the note and interest at maturity assuming that interest has been accrued to September 30? Notes Payable Cash O Notes Payable 475475 475475 455000 20475 Interest Payable 475475 Cash O Interest Expense Notes Payable 20475 55000 Cash 475475 OInterest Payable Notes Payable Interest Expense 13650 455000 6825 Cash 475475
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