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On October 16, 2020, Pink Inc, issues a $12,000 9% 180 day note payable in exchange for cash. What is the adjusting journal entry Pink

On October 16, 2020, Pink Inc, issues a $12,000 9% 180 day note payable in exchange for cash. What is the adjusting journal entry Pink should record at December 31, 2020 to accrued interest? (round to the nearest whole dollar) DR: [ Select ] [ Select ] CR: [ Select ] [amount]

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