West County Bank agrees to lend Pharoah Company $432000 on January 1. Pharoah Company signs a $432000, 6%, 6-month note. What entry will Pharoah Company make to pay off the note and interest at maturity assuming that interest has been accrued to June 30?
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West County Bank agrees to lend Pharoah Company $432000 on January 1. Pharoah Company signs a $432000, 6%, 6-month note.
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