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please complete s11-4 and its requirements Current Lia $11-4 Accounting for a note payable Learni On December 31, 2017, Franklin purchased $13,000 of merchandise inventory

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Current Lia $11-4 Accounting for a note payable Learni On December 31, 2017, Franklin purchased $13,000 of merchandise inventory on a one-year, 9% note payable. Franklin uses a perpetual inventory system. Requirements 1. Journalize the company's purchase of merchandise inventory on December 31, 2017. 2. Journalize the company's accrual of interest expense on June 30, 2018, its fiscal vsuit? year-end. 3. Journalize the company's payment of the note plus interest on December 31, 2018

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