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Business, 20.12.2019 19:31 Carlosruelas2824

On july 8, jones inc. issued an $80,000, 6%, 120-day note payable to miller company. assume that the fiscal year of jones ends july 31. using a 360-day year, what is the amount of interest expense recognized by jones in the current fiscal year? when required, round your answer to the nearest dollar.

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On july 8, jones inc. issued an $80,000, 6%, 120-day note payable to miller company. assume that the...
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