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18 May, 16:16

On november 1, alan company signed a 120-day, 8% note payable, with a face value of $9,000. what is the adjusting entry for the accrued interest at december 31 on the note?

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  1. 18 May, 18:23
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    12,600 x 0,08 X 120/360 = $336

    12,600 + 336 = $12936
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