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QS 9.5 (Algo) Interest-bearing note transactions LO P1 On November 7, Mura Company borrows $280.000 cash by signing a 90 day, 10%. $280.000 note payabile.

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QS 9.5 (Algo) Interest-bearing note transactions LO P1 On November 7, Mura Company borrows $280.000 cash by signing a 90 day, 10%. $280.000 note payabile. 1. Compute the accrued interest payable on December 31 2. & 3. Prepare the joumal entries to record the accrued interest expense at December 31 and payment of the note at maturity on February 5 Complete this question by entering your answers in the tabs below. Reg! Reg 2 and 3 Compute the accrued inteles payable on December 31. (Use 360 days a year. Do not round your intermediate calculations.) Principal * Rate Time Interest Total through maturity Your and interest accrual Interest tocognized February 5 $ Reg 2 and 3 >

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