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    Accounting Principles Study Set 4
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    Exam 2: Current Liabilities and Payroll
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    At Its December 31 Year End, Jamison Company Recorded
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At Its December 31 Year End, Jamison Company Recorded

Question 15

Question 15

True/False

At its December 31 year end, Jamison Company recorded $ 200 interest payable on a $ 10,000, three-month, 5% note payable. The company's financial statements will present notes payable of $ 10,200.

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