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Patrick Trash Haulers borrowed 42,000 on June 1, 2020. The loan had an inte rate of 5%. The principal is to be repaid on April

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Patrick Trash Haulers borrowed 42,000 on June 1, 2020. The loan had an inte rate of 5%. The principal is to be repaid on April 30, 2021. They made the appropriate adjusting journal entries on February 28, 2021 - the last day of their fiscal year. In recording the payment of the note plus accrued interest at maturity on April 30, 2021, they would: Group of answer choices Debit Interest Expense $2,100. Credit Interest Payable $1,575. Debit Cash $43,925. Debit Interest Expense $350. 5:29 AM

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