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ved On July 1, 2021, Ross Livermore Industries issued nine month notes in the amount of $800 million Interest is payable at maturity Required: Determine

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ved On July 1, 2021, Ross Livermore Industries issued nine month notes in the amount of $800 million Interest is payable at maturity Required: Determine the amount of interest expense that should be recorded in a year-end adjusting entry under each of the following independent assumptions (Enter your answers in millions (ie., 10,000,000 should be entered as 10).) Fiscal Year End: Interest Rate * Time - Interest Expense Principal million) $ 800 $ 800 x million December 31, 2021 September 30, 2021 October 31, 2021 January 31, 2022 million $ 800 x 800 X million million

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