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Business, 27.06.2020 23:01 sarinaneedshelp01

On October 1, 2018, Mills Company borrowed $52,000 cash on a one-year note that required Mills to pay 7 percent interest and $52,000 principal, both on September 30, 2019. Assuming the note is paid when due in 2019, what is the debit to interest payable when recording the payment of the note

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On October 1, 2018, Mills Company borrowed $52,000 cash on a one-year note that required Mills to pa...
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