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On November 7, 2015, Mura Company borrows $150,000 cash by signing a 90-day, 5% note payable with a face value of $150,000. (Use 360 days

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On November 7, 2015, Mura Company borrows $150,000 cash by signing a 90-day, 5% note payable with a face value of $150,000. (Use 360 days a year. Do not round your intermediate calculations.) 1. Compute the accrued interest payable on December 31, 2015. z Interest x Time x Rate (%) Principal Total through maturity Year end interest accrual Interest recognized February 5

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