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    Exam 3: Adjusting the Accounts
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    Helena Corporation Issued a One-Year 7% $300000 Note on April
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Helena Corporation Issued a One-Year 7% $300000 Note on April

Question 158

Question 158

Multiple Choice

Helena Corporation issued a one-year 7% $300000 note on April 30 2016. Interest expense for the year ended December 31 2016 was


A) $28000.
B) $14000.
C) $ 7000.
D) $21000.

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