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On Nov.l, S10,000 is borrowed from Big Bevo Bank. The promissory note has a 6 month term, with an interest rate of 12%. With a

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On Nov.l, S10,000 is borrowed from Big Bevo Bank. The promissory note has a 6 month term, with an interest rate of 12%. With a year-end of Dec. 31, the adjusting entry to accrue interest expense would be o $600 O $400 o $200 O S100

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