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Business, 26.02.2020 23:30 bluewhisper

As of December 31, $2,500 of interest expense has accrued on a $50,000 note payable. The note payable and the accrued interest will become due and payable next year. How will the interest affect the adjustments at the end of the period?

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As of December 31, $2,500 of interest expense has accrued on a $50,000 note payable. The note payabl...

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