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Question 6 10 pts Your Company loaned of $24,000 to one of the company's employees on May 1, 2019. The one-year note carried a 5%

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Question 6 10 pts Your Company loaned of $24,000 to one of the company's employees on May 1, 2019. The one-year note carried a 5% rate of interest. All payments are made at maturity. How much interest would you record in the 2020 financials? $1,200 $ 400 $ 800 $ 600 $ 500

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