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only answer question 1-3, don't need the step. 1. If cash is borrowed on a 87,480,9 month, 6% note on August 1, how much interest
only answer question 1-3, don't need the step.
1. If cash is borrowed on a 87,480,9 month, 6% note on August 1, how much interest expense would be incurred by December 31? 2. The cash register total including sales taxes is 46,200, and the sales tax rate is 5%. What is the sales taxes payable? 3. If 47,940 is collected in advance on November 1 for 6-month magazine subscriptions, what amount of subscription revenue should be recognized by December 31Step by Step Solution
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