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A business issued a 30-day 4 note for 60000 to a creditor

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A business issued a 30-day, 4% note for 60,000 to a creditor on account. illustrate the effects on the accounts and financial statements of recording (a)the issuance of the note and (b)the payment of the note at maturity, incl. interest.

Reference no: EM13595591

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