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On September 1, Elegant Salon Company issued a 30-day note witha face amount of $86,400 to Hamlet Hair Products Company formerchandise inventory. Assume a 360-day

On September 1, Elegant Salon Company issued a 30-day note witha face amount of $86,400 to Hamlet Hair Products Company formerchandise inventory. Assume a 360-day year.Determine the proceeds of the 2 answers

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