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QUESTION 11 3 points Save A A business borrowed $40,000 on March 1 of the current year by signing a 30 day, 6% interest bearing

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QUESTION 11 3 points Save A A business borrowed $40,000 on March 1 of the current year by signing a 30 day, 6% interest bearing note, when the note is paid on March 31, the entry to record the payment should include a debit to Interest Payable $200 debit to Interest Expense $200 credit to Cash for $40,000 credit to Cash for $42,400 QUESTION 12 3 points Save An The major sections to the Statement of Cash Flow are: Accounts Receivable, Accounts Payable, and Owner's Draw Cash From Operations and Cash From Stockholders Cash From Operations, Cash From Investing Activities, and Cash From Financing Operations Cash In and Cash Out QUESTION 13 3 points Save Anss All of the following below are needed for the calculation of depreciation except cost residual value O estimated life Ohook value Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Sub

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