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please show work 3) On December 1, 2019, Georgia Corporation borrowed $240,000 on a three-month, 10% note from American Bank. Georgia Corporation's year end is
please show work 3) On December 1, 2019, Georgia Corporation borrowed $240,000 on a three-month, 10% note from American Bank. Georgia Corporation's year end is December 31. equired: 1.answer the following questions: The liability for Georgia at December 1 is The interest payable for Georgia at December 31 is The interest expense at the time of payment is The total cash received by American Bank is
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