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On January 1, Pilkey Incorporated issues a $200,000,3-year, 4% note payable. What will be included in the journal entry? debit to interest receivable $8,000 debit
On January 1, Pilkey Incorporated issues a $200,000,3-year, 4% note payable. What will be included in the journal entry? debit to interest receivable $8,000 debit to interest receivable $16,000 debit to cash $200,000 debit to notes payable $200,000
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