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On March 1 of the current year., Wakers Co. loaned $250,000 to a supplier and accepted an 8%, 11-month note front the supplier. The journal

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On March 1 of the current year., Wakers Co. loaned $250,000 to a supplier and accepted an 8%, 11-month note front the supplier. The journal entry to record the issuance of the note would include a. Debt to notes receivable for $250,000 Debit to notes receivable for $268, 333 Debt to notes receivable for $270,000 Debit to cash for $250,000 The following table contains information for Bayern. Inc. in the current year before closing entries: How many of the above accounts are temporary? 7 4 6 5

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