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Question 5 10 points Sense On November 1, 2019, Pop's Burgers signed a $900,000, 3%, six-month note payable with the amount borrowed plus accrued interest

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Question 5 10 points Sense On November 1, 2019, Pop's Burgers signed a $900,000, 3%, six-month note payable with the amount borrowed plus accrued interest due six months later on May 1, 2020. The appropriate adjusting entry was recorded on Dec 31. On May 1, 2020 what is the appropriate journal entry for the repayment of the note payable? Note Payable Interest Expense O A. Interest Payable Cash 3930,000 $11,250 $2,250 $913,500 Note Payable Interest Expense B. Interest Payable Cash $900,000 $9,000 $4,500 $913,500 Note Payable $900.000 Interest Expense $9,000 . Interest Payable Cash $4.500 $904,500 Note Payable $900.000 Interest Expense Cah 3913,500

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