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October 31, 2018 a company borrowed a $1000 2% 14-month note payable. Show the journal entry for December 31 2019 when the note matures. Hint:

October 31, 2018 a company borrowed a $1000 2% 14-month note payable. Show the journal entry for December 31 2019 when the note matures. Hint: consider the entry made 12/31/2018. Round to the nearest cent.

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