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The company sold merchandise to a customer on December 1, 2019, for $120,000. The company accepted a promissory note as payment. The note has a
The company sold merchandise to a customer on December 1, 2019, for $120,000. The company accepted a promissory note as payment. The note has a term of three months and an annual interest rate of 10%. The company's accounting period ends on December 31. Refer to Absolute Appliances. What is the maturity date of the note? Os February 28, 2020 Ob. December 31, 2019 Oe March 1, 2020 Od Jammary 31, 2020
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