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    Financial and Managerial Accounting Study Set 5
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    Exam 10: Current Liabilities and Payroll
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    On June 8, Alton Co
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On June 8, Alton Co

Question 31

Question 31

Multiple Choice

On June 8, Alton Co. issued an $80,000, 6%, 120-day note payable to Seller Co. What is the due date of the note?


A) October 8
B) October 7
C) October 6
D) October 5

Correct Answer:

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