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Question 5 [10 points) Holdon Corp borrowed $70,000 on December 1, 2014 for 60 days at 10% interest by signing a note a) Determine the

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Question 5 [10 points) Holdon Corp borrowed $70,000 on December 1, 2014 for 60 days at 10% interest by signing a note a) Determine the date the note matures, and calculate how much interest expense is generated by this note, both for 2014 and 2015 Dates must be entered in the format de 15/Jan) Round all values to two decimal places On what day with this note mature How much interest expense is created by this note in 2014 How much interest expense is created by this note in 2015 by Prepare Holden Corpsjournal entries on December 1, 2014 December 31, 2014, or the maturity dhe Enter an appropriate description when entering the actions in the pure Dates must be entered in the format dd mm (o January 15 would be 15 Jan) Gen Juma Page ACCEplanation F Debt Credit + +- Question 6 [5 points)

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