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    Exam 11: Current Liabilities and Payroll
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    On September 1,2017,Neighborhood,Inc
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On September 1,2017,Neighborhood,Inc

Question 92

Question 92

Essay

On September 1,2017,Neighborhood,Inc.borrowed $125,000 by signing a nine-month,7.2% note payable.Prepare the journal entry to accrue interest expense on December 31,2016.

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