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The trial balance on 31st Dec 2018 states that notes payable is RM120, 000. Given additional information: 25 percent of notes payable are due next

  • The trial balance on 31st Dec 2018 states that notes payable is RM120, 000. Given additional information: 25 percent of notes payable are due next year. The interest is 8 percent per annum. What is the adjusting journal entry?

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