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On January 1 a company purchased equipment for $10,000 signing a 30 day note beraing interest at 12% per year. The entry to record the

On January 1 a company purchased equipment for $10,000 signing a 30 day note beraing interest at 12% per year. The entry to record the payment of the amount due on Januray 31 will include a debit to Notes Payable for?

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