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Read the following information carefully and answer the following questions The following information was gathered from the record of Ayub Traders, Nov. 14- The Company

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Read the following information carefully and answer the following questions The following information was gathered from the record of Ayub Traders, Nov. 14- The Company borrowed OMR 20,000 from Bank signing a 1-year 10% note. Dec. 30 - Prepared the adjusting entry for interest expense at year-end. The amount of interest expense to be recognized at the end of the year is, (use 365 days) The total amount of current liability to be reported in the balance sheet at the end of the year is,

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