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. On July 8, Jones Inc. issued an $67,100, 12%, 120-day note payable to Miller Company. Assume that the fiscal year of Jones ends July
. On July 8, Jones Inc. issued an $67,100, 12%, 120-day note payable to Miller Company. Assume that the fiscal year of Jones ends July 31. Using a 360-day year, what is the amount of interest expens...
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