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On August 1, 2020, a Company Borrowed Cash and Signed

Question 131

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On August 1, 2020, a company borrowed cash and signed a 1-year interest-bearing note on which both the face value and interest are payable on August 1, 2021.How will the note payable and the related interest 1. On August 1, 2020, a company borrowed cash and signed a 1-year interest-bearing note on which both the face value and interest are payable on August 1, 2021.How will the note payable and the related interest 1.

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