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On July 9, Mifflin Company receives an $8,500, 90-day, 8% note from customer Payton Summers as payment on account. What entry should be made on

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On July 9, Mifflin Company receives an $8,500, 90-day, 8% note from customer Payton Summers as payment on account. What entry should be made on the maturity date assuming the maker pays in full and no adjusting entries have been made related to the note? (Use 360 days a year.) O Debit Cash $8,670; credit Interest Revenue $170; credit Notes Receivable $8,500. O Debit Cash $8,500; credit Notes Receivable $8,500. Debit Cash $8,628; credit Interest Revenue $128; credit Notes Receivable $8,500. O Debit Cash $8,613; credit interest Revenue $113; credit Notes Receivable $8,500. O Debit Notes Receivable $8,500; debit Interest Receivable $170; credit Sales $8,670. Employers' responsibilities for payroll do not include: O Maintaining individual earnings records for each employee. O Recording an expense for the employee Federal Income Tax withholding. O Providing each employee with an annual report of his or her wages subject to FICA and federal income taxes along with the amount of these taxes withheld. O Filing Form 941, the Employer's Quarterly Federal Tax Return. O Filing Form 940, the Annual Federal Unemployment Tax Return

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