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QUESTION? On September 1, 2018, Mis Company borrowed $81,000 cash on a one year note that required Mills to pay 6 percent interest and 584,000

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QUESTION? On September 1, 2018, Mis Company borrowed $81,000 cash on a one year note that required Mills to pay 6 percent interest and 584,000 principal both on Aug 31, 2019 Assuming the note is paid when due in 2019, what is the dobit to interest payable when recording the payment of the role

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