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QS 9-5 (Algo) Interest-bearing note transactions LO P1 On November 7, Mura Company borrows $150,000 cash by sagning a 90-day, 5, $50,000 note payable. 1.
QS 9-5 (Algo) Interest-bearing note transactions LO P1 On November 7, Mura Company borrows $150,000 cash by sagning a 90-day, 5, $50,000 note payable. 1. Comoure the occued irzerest poyble on Decerrber 31 2. 3. Prepare the joumal entries to record the accrued interest eperse at December 31 and payment of the note at maturity on Fetruary 5
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