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Trista and Co. borrowed $340,000 on December 1, 2023, for 90 days at 8% interest by signing a note to buy jewellery inventory. 1. On
Trista and Co. borrowed $340,000 on December 1, 2023, for 90 days at 8% interest by signing a note to buy jewellery inventory. 1. On what date will this note mature? 2. How much interest expense is created by this note in 2023? (Use 365 days a year. Do not round intermediate calculations and round the final answer to 2 decimal places.) 3. How much interest expense is created by this note in 2024? (Use 365 days a year. Do not round intermediate calculations and round the final answer to 2 decimal places.) 4. Prepare the journal
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