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On November 1, 2025, Carla Vista Company borrowed $23800 from the High Country Bank, signing a 10%, 90-day note. Assuming the companys year-end is December

On November 1, 2025, Carla Vista Company borrowed $23800 from the High Country Bank, signing a 10%, 90-day note. Assuming the companys year-end is December 31, the January 30, 2026 journal entry to record payment of the note will include

a debit to Interest Expense for $205.

a credit to Interest Payable for $397.

a debit to Interest Expense for $595.

a credit to Cash for $23800.

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