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On January 1.1. Company signs a $45,000,6% note. The note matures in six months. Interest payments are due on the 10th of every month beginning

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On January 1.1. Company signs a $45,000,6% note. The note matures in six months. Interest payments are due on the 10th of every month beginning in February. Which is the correct journal entry to record the payment on February 10 if accrued interest was already recorded on January 31? [Answers are rounded to nearest dollar.) Debit interest Puyable $450. Credit Cash $450. Debit interest Expense 5450. Credit interest Payable $450. Debit interest Expense $225. Credit interest Payable 5225 Debit Interest Payable $225. Credit Cash 5225

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