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On the first day of January, Harris Company borrowed $3,000 on a one-year note payable bearing interest at 5% per year. The note specifies that principal and interest must be paid in full at the end of the one-year period. On June 30, the adjusted trial balance will show Interest Payable of
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On the first day of January, Harris Company borrowed $3,000 on a one-year note payable bearing inter...
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