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On August 1, 2013, The Boutique at ME Lake, Inc, purchased inventory costing $58.000 by signing a % six-month, short-term note payable. The company

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On August 1, 2013, The Boutique at ME Lake, Inc, purchased inventory costing $58.000 by signing a % six-month, short-term note payable. The company will pay the entire note prinopal and interest) on the note's maturity date Read the scents Requirements Joumalize the company's purchase of inventory 2 Mae The austing entry for accrual of interest on the note payable on December 31, 2018 3 December 31.2010, what is reported on the balance sheet related to the Red the payment of the note payable (principal and interest) on the maturity date Print Done ons from journal

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