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Pink Slip HR Consultants borrowed $100,000 from National Bank on October 1, 2019, with a 9 month 6% note payable. The principal and interest on

Pink Slip HR Consultants borrowed $100,000 from National Bank on October 1, 2019, with a 9 month 6% note payable. The principal and interest on the note are due to be paid back on July 1, 2020. Pink Slip should record the following amount of interest expense in an adjusting journal entry on December 31, 2019:

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