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Numentic Security purchased a company car from Nora's Auto Sales by issuing a 6-month, 10% note payable for $21,000 on November 1. At the end
Numentic Security purchased a company car from Nora's Auto Sales by issuing a 6-month, 10% note payable for $21,000 on November 1. At the end of the annual accounting period, December 31, the accrued expense adjusting entry is
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