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On September 30, 2026, Bis-119 Company borrowed $11,880 on a 6%, 10-month note payable. The amount of interest expense related to this note that Bis-119

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On September 30, 2026, Bis-119 Company borrowed $11,880 on a 6%, 10-month note payable. The amount of interest expense related to this note that Bis-119 Company would report in its 2027 income statement would be equal to: $660 O $550 O $462 o $396 O $385 O $330 $264 $220 O $198 O $165 o none of the above choices are correct

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