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Q1. On November 1, 2019, Edwin Inc. borrowed cash and signed a $60,000, 1-year note payable. Required: 1. Compute the following items assuming (a) an

Q1. On November 1, 2019, Edwin Inc. borrowed cash and signed a $60,000, 1-year note payable. Required: 1. Compute the following items assuming (a) an interest-bearing note at 12%, (b) a non-inte...

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