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Question 11 1 pts Company A borrowed $42,000 in exchange for a $45,000, 24-month, 6% zero-interest bearing note on August 1. At what amount does
Question 11 1 pts Company A borrowed $42,000 in exchange for a $45,000, 24-month, 6% zero-interest bearing note on August 1. At what amount does the company record interest expense on December 31? Assume the discount is amortized on a straight-line basis. $625 $250 $125 $750
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