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On September 1, 2021, Hammond Donuts signed a $140,000,8%, six-month note payable with the amount borrowed plus accrued interest due six months later on March

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On September 1, 2021, Hammond Donuts signed a $140,000,8%, six-month note payable with the amount borrowed plus accrued interest due six months later on March 2012 Hammond Donuts records the appropriate adjusting entry for the note on December 31, 2021. In recording the payment of the note plus accrued interest at maturity on March 2022 Hammond Donuts would: (Do not round your intermediate calculations.) Multiple Choice O Droit interest Expense, $4862 O Debit interest Payable 162 O Debit interest Expense 3.733 O Debit interest Expense,55,600

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