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On November 30, 2021, Central Food purchased two trucks for a total of $140,000, issuing a one-year, 6% note payable, all due at maturity. The

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On November 30, 2021, Central Food purchased two trucks for a total of $140,000, issuing a one-year, 6% note payable, all due at maturity. The interest on this loan is stated separately. Time Elapsed: Attempt due No 1 Day, 5 Hour Seconds Refer to the above dota. The Dicember 31,2021 , adjusting entry for this note includes: A credit to Interest Payable for $700. A credit to Interest Payable for $1,400. A credit to Cash for $1,400. A credit to interest Payable for $8,400

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