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H3Ko H3Ko
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7 years ago
On September 1, 2017, Neighborhood, Inc. borrowed $125,000 by signing a nine-month, 7.2% note payable.  Prepare the journal entry to accrue interest expense on December 31, 2016.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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TanksTanks
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7 years ago
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H3Ko Author
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#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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#3
6 years ago
just here for the one free unlock, my fifth time. Nice answer too
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Educator
6 years ago
Quote from: bigboicuck (6 years ago)
just here for the one free unlock, my fifth time. Nice answer too

Your honesty is flattering
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