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On November 7. Mura Company borrows $330,000 cash by signing a 90-dey, 5%,$330,000 note peyable. 1. Compute the accrued interest payable on December 31 .

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On November 7. Mura Company borrows $330,000 cash by signing a 90-dey, 5%,$330,000 note peyable. 1. Compute the accrued interest payable on December 31 . 2. \& 3. Prepare the journal entries to record the accrued interest expense at December 31 and payment of the note at maturity on February 5. Complete this question by entering your answers in the tabs below. Compute the accrued interest payable on December 31. Note: Use 360 days a year. Do not round your intermediate calculations. Prepare the journal entries to record the accrued interest expense at December 31 and payment of the note at maturity on February 5 . Note: Use 360 days a year. Do not round your intermediate calculations. Journal entry worksheet Journal entry worksheet Record the payment of note at maturity on February 5. Note: Enter debits before credits

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