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    Exam 10: Liabilities
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    Notes Payable On September 1, 2009, Charles Associates Borrowed $600,000 from Diana
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Notes Payable On September 1, 2009, Charles Associates Borrowed $600,000 from Diana

Question 46

Question 46

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Notes payable
On September 1, 2009, Charles Associates borrowed $600,000 from Diana Credit Union and signed a 9%, one-year note payable, all due at maturity.
Notes payable On September 1, 2009, Charles Associates borrowed $600,000 from Diana Credit Union and signed a 9%, one-year note payable, all due at maturity.     Notes payable On September 1, 2009, Charles Associates borrowed $600,000 from Diana Credit Union and signed a 9%, one-year note payable, all due at maturity.

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(a) $654,000 [$600,000 + ($600...

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