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Thomas Company decided to borrow $31,900 on March 1st, 2016, Thomas signed a 2-year 5% interest-bearing note, what is the adjustment amount to accrue interest

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Thomas Company decided to borrow $31,900 on March 1st, 2016, Thomas signed a 2-year 5% interest-bearing note, what is the adjustment amount to accrue interest on December 31, 2017? O $3,190. $1,595. O $266 O $957

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