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Trayer Company obtains $20,000 in cash by signing a 9%, 6-month $20,000 note payable to First Bank on July 1. Trayers fisical year ends September

Trayer Company obtains $20,000 in cash by signing a 9%, 6-month $20,000 note payable to First Bank on July 1. Trayers fisical year ends September 30. What information should be reported for the note payable in the financial statement?

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