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  3. Study Set
    Fundamental Financial Accounting Concepts
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    Exam 9: Accounting for Current Liabilities and Payroll
  5. Question
    Wiggins Company Issued a $66,000,8% Note Payable,with a One Year
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Wiggins Company Issued a $66,000,8% Note Payable,with a One Year

Question 79

Question 79

Essay

Wiggins Company issued a $66,000,8% note payable,with a one year term on September 1,2015.What amount of interest expense will be recognized on the income statement for 2015? 2016?

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