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Sanborn Company has signed a $10,000, 90 day, 12%, promissory note payable dated December 15, 2018. What is the amount of the adjusting entry required

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Sanborn Company has signed a $10,000, 90 day, 12%, promissory note payable dated December 15, 2018. What is the amount of the adjusting entry required at the year end on December 31, 2018 rounded to the nearest dollar? Show your work TTTT Paragraph Arial 3 (12pt) %DO

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