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Business, 11.12.2019 22:31 lsizzle59

On december 1, 2015, company signed a $300,000, 5%, six month note payable with the amount borrowed plus accrued interest due six months later on june 1, 2016. the company records the appropriate adjusting entry for the note on december 31, 2015. what amount of cash will be needed to pay back the note payable plus any accrued interest on june 1, 2016

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On december 1, 2015, company signed a $300,000, 5%, six month note payable with the amount borrowed...
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