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Soru 12 On July 1, 2013, Avery Services issued a 49 long-term note payable for $10,000. It is payable over a 5-year term in 52,000

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Soru 12 On July 1, 2013, Avery Services issued a 49 long-term note payable for $10,000. It is payable over a 5-year term in 52,000 principal installments on July 1 of each year. Each yearly installment will include both principal repayment of $2,000 and interest payment for the preceding one year period. What happens on December 21, 2013 before statements are prepared Yanitiniz: O Avery must accrue 5200 of interest expense O Avery must accrue for the coming $2,000 principal payment Avery must pay out $200 of interest expense to the note holder Avery does not need to take any actions Yanti temizle Gerl Sonraki Testi duraklat

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