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On October 1 , 2 0 2 0 , Crane Company issued an $ 8 4 2 0 0 0 , 1 2 % ,
On October Crane Company issued an $month interestbearing note. Assuming interest was accrued on June the entry to record the payment of the note on July will include a: debit Notes Payable $ debit Interest Expense $ credit Cash $ debit Interest Payable $ debit to Notes Payable of $ debit to Interest Expense of $ credit to Cash of $ debit to Interest Payable of $
On October Crane Company issued an $month interestbearing note. Assuming interest was accrued on June
the entry to record the payment of the note on July will include a:
debit Notes Payable $
debit Interest Expense $
credit Cash $
debit Interest Payable $
debit to Notes Payable of $
debit to Interest Expense of $
credit to Cash of $
debit to Interest Payable of $
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