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Question Help On January 1, 2018, a business borrowed $20,000 on a five-year, 9% note payable. At December 31, 2018, the business should record O

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Question Help On January 1, 2018, a business borrowed $20,000 on a five-year, 9% note payable. At December 31, 2018, the business should record O A. note receivable of $20,000. B. cash payment of $20,000. O c. interest payable of $1,800. OD. nothing. (The note is already on the books.) Click to select your answer. 303

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