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On January 1, 2016, a business borrowed $19,000 on a five-year, 9% note piyable. At December 31, 2016, the business should record A. note recoivable

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On January 1, 2016, a business borrowed $19,000 on a five-year, 9% note piyable. At December 31, 2016, the business should record A. note recoivable of $19.000, B. cash payment of $19,000 C. interest payable of $1,710 D. nothing. (The fote is already on the books.)

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