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On January 1, 2019, SuperBowlinc signed a two-year, 7% $5,000 note payable. The note plus interest is due on December 31, 2020. The amount of

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On January 1, 2019, SuperBowlinc signed a two-year, 7% $5,000 note payable. The note plus interest is due on December 31, 2020. The amount of interest expense to be recorded for 2019 is True False

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